UnknownUnicorn180388

NZD.USD - BULLISH CYPHER SETUP - 0.7159

Lång
FX:NZDUSD   Nyzeeländsk dollar/USA-dollar
On the NZD.USD 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 0.7159 & 0.7112
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 0.7296
Stop loss would be placed below X leg structure support.

Target 1 - 0.7227
Target 2 - 0.7269

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