StevenH

butterfly and cypher on the USDCAD

Alış
FX:USDCAD   ABD Doları / Kanada Doları
I have had my eye on this cypher for a while now waiting for it to complete at the .764 D leg and i also noticed that there is a potential butterfly pattern forming that will be ending in a similar area. There is a fib inversion that putting a 1.27 inversion in the buy zone too, so for me this seems to be a very good buy zone with stops placed below the x leg of the cypher pattern and target ones at the .382 with 2nd targets at .618 this presents a very nice risk reward.

Best of luck to you on all your trades! Thanks for viewng!

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.