TomHall
Short

USD.CAD - BEARISH CYPHER SETUP - 1.3241

FX:USDCAD   U.S. Dollar/Canadian Dollar
On the USD.CAD 4hr chart we have a potential short opportunity's at the D leg completion of bearish Cypher setup.

The price reversal zone on this pair is between 1.3241 & 1.3306
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 1.3063
Stop loss would be placed above X leg structure resistance.

Target 1 - 1.3152
Target 2 - 1.3095
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WyFotso
2 months ago
agreed, i kept my position on the gartley earlier, despite the oil movement, i will exist and the end of the bearing cypher conpletion and put a sale order at the same point.
+1 Reply
TomHall TOP WyFotso
2 months ago
Great work mate, i'm glad your week is going well.
Reply
WyFotso TomHall
2 months ago
Thanks mate, good to see that you have a good eye to spot those patterns well. Hope you are having a great week too, as for me the walk to freedom is still a long way :)
+1 Reply
TomHall TOP WyFotso
2 months ago
Your on the right path, we all started from the bottom :-)
Reply
Niverto
2 months ago
snapshot
Reply
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