TomHall
Short

EUR.USD - Bearish Cypher Pattern

FX:EURUSD   Euro Fx/U.S. Dollar
On the EUR.USD 1 hour chart we have a potential short opportunity at the D leg completion of a Cypher Pattern

The price reversal zone on this pair is between 1.09342 & 1.09438
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Cypher Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed above X leg structure resistance.

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Tijmen_K
10 months ago
i am with you Tom,
Good analysis ^^
+1 Reply
TomHall TOP Tijmen_K
10 months ago
Thanks very much.
Best of luck.
+1 Reply
mcpeacocks
10 months ago
nice - looking at this at the moment
eu short
+1 Reply
TomHall TOP mcpeacocks
10 months ago
Nice setup mate, will have to await the news.
Reply
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