Today we'll be looking at the EURUSD pair and a possible Sell opportunity. We have a bearish harmonic Cypher pattern at the entry, which could provide a good risk-to-reward ratio but not as good as the second place which is at a strong supply zone.
Looking at the chart, we can see a bearish Cypher pattern forming on the 4-hour timeframe, with the price at the key Fibonacci level. This pattern could signal a reversal and provide an opportunity for a sell trade.
To enter this trade, we could basically enter now if it is still at the entry point or set the limit entry at the D leg completion, my favorite place will be the 2nd place on my chart, is to wait for a further push to the upside and then look for a sell it will give much RR, but we will see
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Your content is very good. Keep up the good work mate!
Solldy
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The idea was not too informative. In general, many of the arguments I have already noted for myself, but supported my vision) Thanks for your publication, my friend!
WalterMoon
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bro great work, I'm think that you are right for EURUSD
This is probably the best publication on this asset in the current market sentiment + I've seen a couple of news stories that would also support this idea. Thanks for sharing)