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LukeFagan
Jun 29, 2017 11:45 AM

Bullish Cypher Pattern on the 15min  Long

Euro Fx/U.S. DollarFXCM

Description

Since Euro's recent bullish move up price action has started to retrace (as buyers take off profits) price has formed a cypher pattern.

The D leg completion at 1.13866 is in a previous structure zone which is a very strong case for entry.

looking to take 2 targets for this trade
Target 1 is at 1.14049
Target 2 is at 1.14163

lets see how it pans out

Order cancelled

Price action unfortunately my D completion limit order did not get filled and price action has pushed up to both targets!!
Comments
Akil_Stokes
Nice, good looking find
LukeFagan
@Akil_Stokes, hey it looked like it was going to be a good trade if price pushed down to D completion point! oh well on to the next one
Akil_Stokes
@LukeFagan, Yup, very close
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