Alexander_Nikitin
Short

Downtrend continuation on USDCAD

FX:USDCAD   U.S. Dollar / Canadian Dollar
Hello, traders. Downtrend presents. Gartley formation almost completed. Looking for price to ascend to 78,6 to enter short. Good luck
Mar 31
Comment: The Gartley formation was invalidated. But still... We have another chance to enter short with this Cypher.
Mar 31
Trade active: The cypher completed and the orders triggered)
✅ This pattern was found by MPS-v5.5 pattern recognition software: https://mps-trade.com

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may i know what is cypher ?
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It is the pattern shown on the picture above)
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stcapital Alexander_Nikitin
what kind of pattern is this and it leads to up or down trend?
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Hey, mate... Did you come from the moon? If X point is higher than A point - this means that the pattern is bearish. Be it cypher, gartley or whatever.
https://www.tradingview.com/chart/cypherpattern/
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A very good idea ! Thanks
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you are welcome))
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