USD.CAD - Bearish Cypher 1.2843 & 1.2878

FX:USDCAD   U.S. Dollar / Canadian Dollar
Currency pair - USD.CAD
Chart timeframe - 15min
Area of interest - 1.2843 & 1.2878
Chart pattern - Bearish Cypher

Potential target 1 - 1.2793
Potential target 2 - 1.2763
Potential extended target - 1.2746
Comment: My apologies, for some reason i wrote this as a Cypher when it's a Bat setup.
The setup itself is still valid, simply i typed the name wrong.
Comment: D leg completion at 1.2843
Comment: Just an update on this pair.
Price has now spiked and closed above X leg which now invalidates this trade setup.
i have a crab pattern i see ;)
Is this trade still valid, Tom?
TomHall thejuveniletrader
@thejuveniletrader, Not for me personally due to a strong break and close above X
what is your rules to execute harmonics ?
TomHall xHumble
@xHumble, I have many entry rules however i don't disclose them as they are very subjective due to the timeframes i use, account size, risk management ect
+1 Reply
TomHall chrisi1995
@chrisi1995, My pleasure :-)
still wait?
TomHall YoBenzi
@YoBenzi, Now is a valid entry.
Only execute if it meets your rules to do so.
YoBenzi TomHall
@TomHall, thank you for your analysis.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out