Looks like a bearish cypher pattern could be setting up on EURCAD, pointing to a short entry up around 1.5335
As usual, the short targets would be the 0.382 and 0.618 fib levels of the CD leg with stop-loss above the X point
If price breaks below the C point before hitting entry the pattern is then invalidated.
Good luck, and trade safely!
As usual, the short targets would be the 0.382 and 0.618 fib levels of the CD leg with stop-loss above the X point
If price breaks below the C point before hitting entry the pattern is then invalidated.
Good luck, and trade safely!
Order cancelled
pattern invalidated
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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.