Hi guys we got a soon to complete bullish Cypher Pattern for us to go LONG. Stops would be below the Cypher's X point. TP 1 and 2 would be the 38.20 and 61.80 of the CD leg of the pattern respectively. We could go for an extended target on another potential bear cypher pattern completion. And could give us another opportunity to go SHORT.
Bull Cypher: 1.3067 Bear Cypher: 1.3138
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If you have taken the Bear setup with pending sell limits. Stops have been reached. Ant take note that we also do have another setup here on the USDCAD.