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paulsandhu
Oct 24, 2018 9:55 PM

Bullish Cypher on the Daily Long

Euro Fx/U.S. DollarFXCM

Description

The market has printed a bullish Cypher pattern on the daily chart of the EUR/USD. The pattern completed at a decent level of structure and as of now is trading below the traditional entry level for a Cypher pattern. The DXY had a bullish run today, however, a bearish Cypher has completed on the daily chart of the DXY at the same time, which provides additional support for the long trade on the EUR/USD.
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