Cypher Completion Leads to Potention Bull Butterfly on USDCAD
After completion of a Bearish cypher pattern, USDCAD maintains it's movement within the channel it's formed on the larger time frames. This move downward inside the channel is leading to the formation a bullish butterfly pattern that completes at the bottom edge of this bearish channel.
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.