TurnedTable

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Markets Allocation
100 % forex
Top Mentioned Symbols
CADJPY 33% | 1 USDINR 33% | 1 NZDCAD 33% | 1
TurnedTable TurnedTable USDINR, D,
USDINR: USD/INR - Possible Cypher, Keep an eye on 38.2% & 61.8% Fib CD
49 0 3
USDINR, D
USD/INR - Possible Cypher, Keep an eye on 38.2% & 61.8% Fib CD

Possible cypher formation on USD/INR pair. CD leg in the making, but needs to climb and see a daily close above the trendline resistance and previous support (broken previously) around 66.7812 The initial targets for an expected bullish move remain at the 38.2% and then the 61.8% fib level for the CD leg. The current daily candle is signalling indecision. ...

TurnedTable TurnedTable CADJPY, 60, Long ,
CADJPY: CAD/JPY - Bullish Cypher
55 0 3
CADJPY, 60 Long
CAD/JPY - Bullish Cypher

Looking at the hourly chart we can see a probable bullish cypher formation T1 at 32.8% retracement of CD at 83.529, and T2 at the 61.80% retracement of the same at 83.926.

TurnedTable TurnedTable NZDCAD, 60, Short ,
NZDCAD: NZD/CAD - Double top on hourly
8 0 3
NZDCAD, 60 Short
NZD/CAD - Double top on hourly

A double top on the hourly chart Bearish target at 0.8783

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