On the daily EURUSD chart we can see the beginning of a cypher pattern . All that remains to be formed is the CD-leg . Stop goes below X. Target is based on previous structure.
Target: 1.11105 = R:RR 1.79
Good luck! Updates will follow.
How to use the Fibonacci extension tool in trading! https://youtu.be/V_x0UzDCSWo
Want to learn how to trade harmonic patterns? Contact me here!