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Canadian Dollar / Japanese Yen
Long
Updated

Cypher pattern starting to form

81
A possible Cypher pattern is starting to form, if price moves down from 89.19 and hits the 88.41 then I will go long on that pair (CADJPY)
Note
It looks like the C point just completed hitting the 1.272 on the Fibonacci extension.
Note
If it complete I will update with targets and stop loss
Note
oh forgot to mention to notice the daily support level at D point :-) giving it more confluence.
Note
This Pattern just got invalid so no trade.
tidemann
Chart PatternsCypherHarmonic Patterns

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Chart PatternsCypherHarmonic Patterns
tidemann

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.