Kylan_Laymance
Short

Cypher Pattern , Usd/Chf, 15min

FX:USDCHF   U.S. Dollar/Swiss Franc
Here we see a cypher pattern on the Us Swiss charts.

This pattern is indicating that the market will reverse upon completion, and is supported by completing above the linear regression line.

When a Bearish pattern completes above the standard deviation line, it is likely that , If the market is bearish , the market will rally back under the line , and similar to a price action trade, come near the negative deviation line.

I have forecast the market to touch the negative deviation line , which comes out to about 4 hours from now, but it is more likely to take longer and not actually reach the deviation line, but rather just cross the linear regression taking 2 days and 7 hours.

With that said, i have placed my usual actions as the following:

Entry: point B
Limit : 1.618 extension of the BC             leg
Stop: point X

Thanks for checking this out, look forward to you comments and likes, as always follow for my predictions!

Thanks and Good Trading!
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