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UnknownUnicorn180388
Jan 31, 2016 11:02 PM

EUR.USD - Bullish Cypher Pattern Long

Euro Fx/U.S. DollarFXCM

Description

On the EUR.USD 1hour chart we have a potential long opportunity at the D leg completion of a Cypher Pattern

The price reversal zone on this pair is between 1.0821 & 1.0783
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 Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed below X leg structure support.

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Comments
Guzhen
Excellent
UnknownUnicorn180388
Thanks very much.
jasonfungcn
Excellent trade planned and executed.
UnknownUnicorn180388
Thanks very much Jason, have a great week.
UnknownUnicorn180388
Target 2 attained.
UnknownUnicorn180388
Target 1 attained.
Stop loss now moved to breakeven protecting all profits.
traderp44
Nice pattern Tom.
UnknownUnicorn180388
Thanks very much
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