Dólar Americano/Dólar Canadense
Viés de alta

USD/CAD - Bullish Cypher

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Good morning everyone! I'm super excited about todays set up!

Here we have a bullish cypher on the 1D chart with USD/CAD.

So much news on the USD came out yesterday, I decided to sit on this one until today. Low and behold, I woke up and it has hit D point!

We can look to place a long position on this pattern with a take profit set to 1.3530

REMEMBER: Set your stop loss accordingly.

Risk/Reward Ration - 1:2

The measurements for a valid cypher are detailed below.
B: 0.382 - 0.618
C: 1.272 - 1.414
X to D: 0.786

Aviso legal

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