Hey traders: Its the bullish potential Cypher pattern I have here in NZDCAD in hourly timeframe. Price action made Two bullish impulses after the false new structure low. I am expecting a small reversal there after the completion of the pattern. Price may test the structure support. If you look at the RSI we see a hidden divergence already formed. So Harmonic Pattern completion with Hidden divergence in combination with Structure support. We have a good deal here. Lets take it.
Entry@ 0.92992
Stops @ 0.92667
Initial take profit @ 0.93341
Good luck!
Entry@ 0.92992
Stops @ 0.92667
Initial take profit @ 0.93341
Good luck!
Komentarz:
Order cancelled! Missed the entry by 8pips. It was a good idea