USDCHF - Trade setup - Cypher pattern

USDCHF - Trade setup - Cypher pattern

Hourly Chart

Outlook Trade opportunity

I have been monitoring this pair for the whole week, as it reach potential resistance. With the market condition favouring a dollar correction
here is a good area to sell this pair is at the 78.6 - (cypher pattern), and looking towards 0.91

Risk Level LOW

Tips -

Always take note of any economical news event on our provided calender below

NZDUSD Update - 29th August, 2014

NZDUSD Update - 29th August, 2014

Update -

Writing an update of how the NZDUSD is going from my earlier blog post this week
So far it has reacted as planned,

• Cypher pattern identified on Daily Chart
• Price broke out of the bearish trend channel on the H4
• RSI broke to the upside on H4

This is an update of the 4hr Chart

1hr Chart, 

Outlook Trade opportunity

Today I'd be looking for price to retrace to the 78.6 / S2 pivot support area, for a long trade

Risk Level LOW

Tips -

Always take note of any economical news event on our provided calender below