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Apr 30, 2021 8:58 AM

Bearish Cypher Pattern 

Euro / U.S. DollarFOREX.com

Description

EUR/USD:
1. Fiber has been rejected by the 0.786 Fibonacci level completing a Bearish Cypher Pattern.
2. A Rising Wedge serving as a confluence factor.
3. Price action confirmation at breakout of the wedge.
4. SL at Invalidation Level
5. TP1 at 0.382 level
6. TP2 at 0.50 level
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