vjcwilcock

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Markets Allocation
100 % forex
Top Mentioned Symbols
CHFJPY 50% | 1 USDCAD 50% | 1
vjcwilcock vjcwilcock USDCAD, 60, Long ,
21 0 0
USDCAD, 60 Long
Bullish Cypher Pattern USDCAD

USDCAD has had a significant downward drop to current levels. The upward trending flag is a period of consolidation that this bullish Cypher pattern is predicting will continue. With a CD completion to the 78.6% retrace level, entry can be taken for standard Cypher profit taking levels with space for riding a continuation of this trend to the indicated resistance ...

vjcwilcock vjcwilcock CHFJPY, 60, Short ,
13 0 0
CHFJPY, 60 Short
Bearish Cypher Pattern Short on the CHFJPY

After a sharp decline in the CHFJPY a bearish flag has formed. Within this appears a bearish Cypher pattern requiring an uptick for CD completion at the 78.6% level. This acts as an entry for a short trade which sees a retest of the bearish flag lower bound and breakout to the downside, seeking the 112.5 support level. Risks to this include an oversold RSI on the ...

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