Aleksandar_Rose
Short

EURUSD - Bearish Cypher

FX:EURUSD   Euro / U.S. Dollar
Market is putting a series of Lower Low Lower Closes so we are in a bearish trend , right?
I'm looking for a potential cypher pattern on 15 M(you can see it better on 5M chart), that is aligned with the underling trend(blue lines).
I will be targeting retest of A leg for 1st position. For my second position I will target next structure level and I will trailing my stop.

Entry @ 1.1272
Stop @ 1.1291
Intial Target 1 @ 1.1234
Initial target 2 @ 1.1214

Good Luck!

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Trade active
Comment: Stops are moved to break even.
target 1291
Reply
If your plan says so then target is 1.1291 :)
Reply
maensensei Aleksandar_Rose
target 1.1281
Reply
you watching the chart still? b
Reply
Yeah, I got filled.
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