GBP.CHF - Bearish Cypher Setup @ Market
Güncellendi
On the GBP.CHF 1hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup.
The price reversal zone on this pair is between 1.2375 & 1.2405
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 1.2280
Stop loss would be placed above X leg structure resistance .
Target 1 - 1.2335
Target 2 - 1.2310
The price reversal zone on this pair is between 1.2375 & 1.2405
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 1.2280
Stop loss would be placed above X leg structure resistance .
Target 1 - 1.2335
Target 2 - 1.2310
Not
If you got triggered into the market your target 1 & 2 should be attained.Not
I am contemplating distributing my personal Cypher setup rules in the coming weeks.Not
If you got triggered into the market your extended target at 1.2280 should now be attained.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.