SharkbaitAl

USDCAD Bearish Cyhers -- But Which One Is Better

Short
SharkbaitAl Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Which X point do you think is better? I will watch the price action in the blue box as opposed to placing a limit order as I usually do to try and get in for the best price possible. Stop is the red line.
Comment:

Completed a bearish butterfly (red -- I am not in this trade)...now it looks like it will complete either a bullish Cypher right above the TP2 of the butterfly, or the larger bearish Cypher. Both seem like they will make a good trade, I will be watching to see which one seems more likely to form to place my orders

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.