TomHall
Short

USD/CAD - Cypher Pattern

FX:USDCAD   U.S. Dollar / Canadian Dollar
1029 13 32
On the USD/CAD             1 hour chart we have a potential short opportunity at the D leg completion of a Cypher Pattern .

The price reversal zone on this pair is between 1.3355 & 1.3370
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 Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed above X leg structure resistance .

Website.
http://www.UKForexSignals.com
Website: http://www.UKForexSignals.com
Become an Affiliate: https://ukforexsignals.idevaffiliate.com
Instagram: http://www.Instagram.com/UK_Forex_Signals
Twitter: http://www.Twitter.com/Tom_H_Official
Facebook: http://www.Facebook.com/UKForexSignals
Good trade, well done and thanks
Reply
snapshot

HOW DO YOU THINK IT ?
+2 Reply
The C leg exceeds the 1.414% extension for me so it is now invalid.
Reply
feiwuba TomHall
NOW ,IT HAVE NOT EXCEED THE 1.414
Reply
This would all depend on where you have taken the Fib extension from, on my chart it exceeds the 1.414%
Just because it doesn't fit my rules doesn't mean you should trade it if it meets your rules.
Reply
feiwuba TomHall
AH ,YES , YOU ARE RIGHT , I AGREE WITH YOU ,JUST TALK ABOUT IT WITH YOU ,AND LEARN FROM YOU
Reply
feiwuba TomHall
OR IT WILL GO TO THE 1.618 , THEN AB=CD ,HOW DO YOU THINK IT ,
snapshot

+2 Reply
It is certainly possible.
Reply
thank u
Reply
sir your target?
+1 Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
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