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Bearish Cypher formation on the USDMXN 4 hour chart.
U.S. Dollar / Mexican Peso
Short
Bearish Cypher formation on the USDMXN 4 hour chart.
By SaleemJunedLala
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Updated
Jan 31, 2017
0
Jan 26, 2017
A bearish cypher seems to be emerging on the
USDMXN
4 hour chart.
A limit Sell order can be placed at 21.7887
Target: 21.4403
Stop: 22.0654
A 1:1.26 Risk Reward Ratio
Jan 31, 2017
Order cancelled
Price retraced below C leg rendering the pattern void.
Cypher
Forex
mxn
peso
short
USD
USDMXN
SaleemJunedLala
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