EUR/GBP: Possible Bullish Cypher Pattern (15m Chart) Long

Euro Fx/British PoundFXCM

Description

⋅ Jul 6, 2015 10:39 AM

If the D point is reached then we have a Bullish Cypher pattern complete at 78.6 X-C Fibo retracement.
1st target at 38.2 C-D leg (P&L ratio = 1.04)
2nd target at 61.8 C-D leg (P&L ratio = 1.68)
Stop under X point

Comments

joni.rcunha

⋅ Jul 7, 2015 10:51 AM

Perfect! First and second target achieved!