NZDUSD - Cypher Pattern

١٨ مايو ٢٠٢٠Confluence of a few indicators. Overbought on the RSI in the smaller TFs, overextended Cypher pattern and rejection by the 200EMA. TP levels are at the 50% and 61.8% retracement levels of the previous swing (highlighted in purple lines). Stop loss above previous swing high, which is also above 200EMA.

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