MinervaFX
Short

EURUSD Cypher Pattern

FX_IDC:EURUSD   EURO / US DOLLAR
41 2 1
First I was looking at a gartley pattern last week, but after the Brexit vote EURUSD             went sharply lower and it created B-C leg for cypher pattern . Cypher pattern works for me much better than Gartley and the win ratio is also much higher. Now I'll just wait for the C-D leg to create at 78.6% fibo retracement of X-C leg where I'll be looking for short.
Thanks for sharing. Are you short or long? What is the TP target. The pattern seems to be bullish but your idea is published under "short"
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MinervaFX iamajeya
Hi, it is a short cypher pattern with entry at 1.1467 and for targets I use fibo retracement C-D leg. Stops is above x, I use previous structure levels for that.
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