StevenH

Corner EURUSD with 2 cypher patterns

FX:EURUSD   Euro Fx/U.S. Dollar
52 0 1
Here on the 1hr chart of the EURUSD             we have a situation that i really like. We have a bearish and a bullish cypher pattern setting up. The reason i really like this situation is because no matter what the market decides to do i have an opportunity to trade my plan and possibly make a profit. With these patterns entry will be on the D- leg as shown on the chart and stops will go above X- leg, profit target will be around a .382 fib retrace.
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