Bearish Cypher formation on the USDMXN 4 hour chart.

SaleemJunedLala Updated   
FX:USDMXN   U.S. Dollar / Mexican Peso
A bearish cypher seems to be emerging on the FX_IDC: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
Order cancelled: Price retraced below C leg rendering the pattern void.


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