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UnknownUnicorn180388
29 Th12 2016 08:23

USD.CHF - BULLISH CYPHER SETUP - 1.0240 Giá lên

U.S. Dollar/Swiss FrancFXCM

Mô tả

On the USD.CHF 1hr chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup.

The price reversal zone on this pair is between 1.0240 & 1.0217
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets back into 1.0307
Stop loss would be placed below X leg structure support.

Target 1 - 1.0271
Target 2 - 1.0290

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D leg Is now complete, long entry is available.

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Bullish RSI Divergence on the 1hr TF

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Rules now invalid, no position taken.
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MohamadGh
Thank you Tom for sharing, could you explain "Rules now invalid, no position taken", please?
UnknownUnicorn180388
@MohamadGh, Thank you.
I have a particular entry criteria that must be met prior to an entry.
MohamadGh
@tomhall, Could you share this criteria with us?
MinhTinhPham
THANKS PRO
UnknownUnicorn180388
@MinhTinhPham, My pleasure.
puterae1
nice setup.wish you all the best
UnknownUnicorn180388
@puterae1, Thanks very much, you too.
Gbprider
eagle eye
UnknownUnicorn180388
RonVanDen

So much to the subject of these comic currencies do what they want
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