BEARISH CYPHER PATTERN IN TREND FOR BIG RISK REWARD USDCAD

Update on USDCAD: Recently failed to make new structure highs on lower timeframes, therefore expecting retest of the recent lows.
The pair forms a nice potential high probability entry signal in form of a bearish Cypher pattern.
Stop and Targets as shown, but follow your plan and rules of engagement!
Like it if you do. I appreciate this!
Felix
Website: ogtpartners.com
Twitter: goo.gl/9EdYPk
Facebook: goo.gl/qH7M51
The pair forms a nice potential high probability entry signal in form of a bearish Cypher pattern.
Stop and Targets as shown, but follow your plan and rules of engagement!
Like it if you do. I appreciate this!
Felix
Website: ogtpartners.com
Twitter: goo.gl/9EdYPk
Facebook: goo.gl/qH7M51
Transaction en cours
Short @ 1.3150Note
Based on missed opportunity to form H&S I adjusted the targets to standard and not TCT rules. This adjustment fits my personal rules which you should think about as well.
Target 1: 1.3121
Target 2: 1.3083
Note
Target 1 hit. Moved stops to breakeven for remaining second half of position.Erfolgreich traden lernen.
wirmachentrader.de
wirmachentrader.de
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Erfolgreich traden lernen.
wirmachentrader.de
wirmachentrader.de
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.