CAD/CHF
Short

Cypher@0.786XA

Bearish Cypher@0.786XA
Be ready to go short soon.

The price it's 98% close to complete the pattern also to hit the PRZ and start testing it
and this is correlating with the Weekly downtrend line crossing the PRZ,
creating that a strong zone that will probably deny the price to continue up!


Rules:
1. Harmonic Patterns Completion (Harmonic Pattern Cypher ) - 98% Complete and Waiting;
2. PRZ Hit - Waiting;
3. PRZ Test -Waiting;
4. Terminal Bar - Waiting;
5. Type-1 Reaction - Waiting;
6. Type-2 Reversal - Waiting;
7. Candlestick Reversal Sign - Waiting;
8. Candlestick Confirmation Sign -Waiting;
9. RSI Reversal Sign - Waiting;
10. RSI Confirmation Sign -Waiting;
11. Risk Management - Applied;
12. Risk / Reward - 1/3.

" It's the Lord your God,
you must follow, and
him you must revere."

Deuteronomy 13:4
Cypher

Disclaimer