Hello people, it appears the EUR/CAD has formed a bearish cypher on the 1 hour chart, this is an awesome trading opportunity with a 260+ pip return.
The measurements for a valid cypher pattern are:
B:0.382-0.618
C1.272-1.414
X-D: 0.786
The price has no stalled out and through my confluence analysis I'm expecting price to take a large drop now.
I hope everyone has a good week trading.
The measurements for a valid cypher pattern are:
B:0.382-0.618
C1.272-1.414
X-D: 0.786
The price has no stalled out and through my confluence analysis I'm expecting price to take a large drop now.
I hope everyone has a good week trading.