The price reversal zone on this pair is between 122.702 & 126.402
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 112.415
Stop loss would be placed above X leg .
Target 1 - 117.476
Target 2 - 114.460
But...it is bearish setup of the cypher pattern on the time frame that we are looking at.
Aslong as your trading plan has a positive edge that's all that matters.