CADJPY Bearish Cypher Short

Canadian Dollar/Japanese YenFXCM

Opis

⋅ 17 paź 2016 18:41

Similar to the USD/JPY setup, instead we have a possible bearish cypher forming on the daily time frame . If the pattern completes I'll look for an entry around the 81.00 - 82.00 price level.

Cypher ratios:
AB = 0.382-0.618
BC= 1.13-1.414
XD = 0.786

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