On the USD.CHF 1hr chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup.
The price reversal zone on this pair is between 0.9876 & 0.9843
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 0.9982
Stop loss would be placed below X leg structure support.
Target 1 - 0.9923
Target 2 - 0.9953
The price reversal zone on this pair is between 0.9876 & 0.9843
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 0.9982
Stop loss would be placed below X leg structure support.
Target 1 - 0.9923
Target 2 - 0.9953