USDCAD - 60M BULLSIH CYPHER - FIB CONFLUENCE
Hi All, I just wanted to share this with you to keep on your radar. We have a potential Bullish Cypher pattern here presenting us with a great opportunity for a long position. If we can see price push back down this way before breaking to the high side it would be an ideal opportunity to go long before price breaks up.
We can see here now with Fibonacci Retrace, Inversion and good levels of support. We can also look at any other filters you use for extra confirmation of a reversal at this point. RSI maybe will be O/S if we get down here. LTF or TTF may also show a D/B for another reason for entry.
Enjoy and happy trading.
We can see here now with Fibonacci Retrace, Inversion and good levels of support. We can also look at any other filters you use for extra confirmation of a reversal at this point. RSI maybe will be O/S if we get down here. LTF or TTF may also show a D/B for another reason for entry.
Enjoy and happy trading.
Related publications
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.