USD.CAD - Bullish Cypher Setup - 1.3672

FX:USDCAD   U.S. Dollar / Canadian Dollar
On the USD.CAD 15min chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup.

The price reversal zone on this pair is between 1.3672 & 1.3646
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 1.3750
Stop loss would be placed below X leg structure support .

Target 1 - 1.3709
Target 2 - 1.3732
Comment: If you entered at 1.3672 your target 1 should be attained.

Please note this is not a position i placed.


Goood Work Dude Nice catch
+1 Reply
Accurate shot. thank you.

have a nice weekend.
+1 Reply
@IGOFX, My pleasure, you too.
Target 1 is ok, now target 2 is approaching :)
+1 Reply
@ilkepeh, I hope all goes well.
+1 Reply
very nice idea & wishing u the best of luck mate:)
+1 Reply
UnknownUnicorn180388 marketplaceguy
@marketplaceguy, Thank you, you too.
+1 Reply
marketplaceguy UnknownUnicorn180388
+1 Reply
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