Hello traders, this is the potential bullish cypher pattern formation on
USDCAD
H4 chart..D completion at 1.2897 but I'll wait for better risk/reward to long this pair..Maybe waiting for RSI divergence or double bottom after the pattern completed before entering buy..Stops must be below X point..On the chart was initial targets and I will update targets from time to time..Good luck :)
USDCAD
H4 chart..D completion at 1.2897 but I'll wait for better risk/reward to long this pair..Maybe waiting for RSI divergence or double bottom after the pattern completed before entering buy..Stops must be below X point..On the chart was initial targets and I will update targets from time to time..Good luck :)
Trade chiuso: obiettivo raggiunto:
actually this one is invalid because D point is higher than B
