joni.rcunha
Short

USDCAD: Bearish Cypher

FX:USDCAD   U.S. Dollar / Canadian Dollar
87 0 1
If the price reaches to the 78.6 Fibo X-C retraction then we have the Bearish Cypher Pattern complete.
First target - 38.2 Fibo retraction of C-D in confluence with a previous structure zone.
Second target - 61.8 Fibo retraction of C-D in confluence with 50% retraction of first leg impulse by the last bull trend.
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