Hi guys, here we have a bearish cypher pattern having formed from NZD/JPY on the daily charts,
This is a great trading opportunity with a risk/reward ratio of 1:2.5
The valid ratios for a Cypher pattern are listed below
X-B:0.382-0.618
A-C:1.272-1.414
X-D:0.786
I hope you guys all have a great week trading and if you have any questions feel free to contact me by leaving a comment or sending me a message.
This is a great trading opportunity with a risk/reward ratio of 1:2.5
The valid ratios for a Cypher pattern are listed below
X-B:0.382-0.618
A-C:1.272-1.414
X-D:0.786
I hope you guys all have a great week trading and if you have any questions feel free to contact me by leaving a comment or sending me a message.