NZDUSD BEARISH CYPHER PATTERN!

Updated
MARKET ANALYSIS: The pair is now trading inside a downward channel and now inside the channel a bearish cypher pattern has been formed. If the channel resistance and pattern level at D holds on we can expect a huge impulse towards the downtrend. This trade will be a 1:1 ration trading setup. So lets wait and see what the market does in the coming days. Cheers!

P.S: This is not a trading signal, Use your discretion for trading. It's just to show the possible trade setups. Thanks u for Ur understanding. Cheers!
Trade active
Impulse started
snapshot
Trade closed: target reached

Also on:

Related publications

Disclaimer