Fxprotrader
Long

USDCAD Pending Bullish Cypher Pattern About To Complete

FX:USDCAD   U.S. Dollar/Canadian Dollar
279 4 11
Last week i posted an idea describing a potential breakout of a downtrend here in USDCAD             . Price has broken the downtrend and it's now in a correction. We now need this correction to end so we can buy the market. A pending bullish cypher pattern is about to complete with its D point at the broken downtrend. This pattern may push price higher and entering at this level will give us a tremendous risk/reward ratio setup.

You may see my analysis here:
USDCAD Don
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Related Ideas

stream
7 months ago
its long yes , but not from the currant price .. a bit down is the entries
Reply
Fxprotrader PRO stream
7 months ago
That's exactly what i said.. This advanced pattern will be completed if price moves a little more to the down.. Thank you for your comment.. :)
Reply
waterman
7 months ago
Keystone on hold, russia opec working hard for a freeze, Rig counts falls further. ! These all may send this pair to down
Reply
Fxprotrader PRO waterman
7 months ago
Thank you for your comment.. Let's see the upcoming week..
Reply
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