TomHall
Long

EUR.CHF - BULLISH CYPHER SETUP - 1.0656

FX:EURCHF   Euro / Swiss Franc
On the EUR.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 1.0656 & 1.0632
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 back into 1.0730
Stop loss would be placed below X leg structure support .

Target 1 - 1.0690
Target 2 - 1.0712
Comment: More than 15 touches of X leg support.

Comment: Although price has spiked above the C leg, the setup is still valid.
Dumb question.... possible short until then?
+1 Reply
TomHall dieseltrux1234
@dieseltrux1234, Personally it's not something i do.
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I will keep following and learning! possibly better communication when I have time. @TomHall,
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TomHall dieseltrux1234
@dieseltrux1234, I hope all goes well, have a good day.
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