butterfly and cypher on the USDCAD

FX:USDCAD   U.S. Dollar / Canadian Dollar
I have had my eye on this cypher for a while now waiting for it to complete at the .764 D leg and i also noticed that there is a potential butterfly pattern forming that will be ending in a similar area. There is a fib inversion that putting a 1.27 inversion in the buy zone too, so for me this seems to be a very good buy zone with stops placed below the x leg of the cypher pattern and target ones at the .382 with 2nd targets at .618 this presents a very nice risk reward.

Best of luck to you on all your trades! Thanks for viewng!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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