NZDUSD 4HR Potential Cypher's Setting up
I've kept this simple to avoid over populating the chart.
Two potential Cyphers setting up which also means multiple options to trade this - Any suggestions or comments?
By applying techniques such as ABCD, Fibonacci (Replacements/Extensions/Inversions) etc, you can identify confluence and potential zones for entries and exits.
There is also a high probability that the setup may offer extended targets further down. Look at the higher time frames to confirm overall direction (Bullish/Bearish) to enable you to plan your entry and exit.
Comments/Feedback welcome!
Two potential Cyphers setting up which also means multiple options to trade this - Any suggestions or comments?
By applying techniques such as ABCD, Fibonacci (Replacements/Extensions/Inversions) etc, you can identify confluence and potential zones for entries and exits.
There is also a high probability that the setup may offer extended targets further down. Look at the higher time frames to confirm overall direction (Bullish/Bearish) to enable you to plan your entry and exit.
Comments/Feedback welcome!