Daniel.Dalo

EURUSD - Cypher Pattern + Demand Zone Alignment

Long
OANDA:EURUSD   Euro / U.S. Dollar
This pair is currently trending down ST (Short Term), however in the higher timeframes, this is aligning very well for a long trade setup with the confluence of a Cypher pattern and a Demand zone right below current price.

I would be taking profits at the next Supply zone at 1,1290 and stops around 1,1200.

Good trading everyone!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.