NZDUSD (Cypher Pattern) - 1h Chart

Confirmations for Cypher Pattern:
- A to B must touch 0.382 but cannot exceed 0.618
- B to C must touch 1.272 but cannot close below 1.414 (Trend-Based Fib Extension)
- C to D must touch 0.786 of X to C
- First TP at 0.618 of D to C (Fibonacci)
- Second TP at 0.382 of D to C (Fibonacci)
- Third TP would be long term
Good Trading

Trade chiuso: obiettivo raggiunto:

Trade has been completed!
We didn't had a big consolidation at the bottom, but we got our 0.786 - 0.886 area confirmation for our entry.
Good Trading