Kylan_Laymance

Cypher Pattern, Usd/Cad, 1hr

Largo
FX:USDCAD   Dólar estadounidense/Dólar canadiense
Here we see a cypher pattern on the Usd/Cad chart, it is likely that the market will reverse from point D and rally to point A because the pattern has completed in the negative deviation of both the last 100 and 200 moves.

I have placed my entry at point B to verify the reversal , I have my stop placed at Point X , because a break in structure to the down side would bust the pattern, and i have a limit at point A the expected height of the reversal.

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Thanks and Good trading !

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