TomHall
Long

EUR.USD - BULLISH CYPHER SETUP @ MARKET - 1.0745

FX:EURUSD   Euro / U.S. Dollar
On the EUR.USD Weekly chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup.

The price reversal zone on this pair is between 1.0745 & 1.0506
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 setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets back into the 1.1450 resistance level
Stop loss would be placed below X leg structure support .

Target 1 - 1.1074
Target 2 - 1.1284
Website: http://www.UKForexSignals.com
Become an Affiliate: https://ukforexsignals.idevaffiliate.com
Instagram: http://www.Instagram.com/UK_Forex_Signals
Twitter: http://www.Twitter.com/Tom_H_Official
Facebook: http://www.Facebook.com/UKForexSignals
Hi Tom, just found this post of yours. :) We see Euro is doing really badly. Is this bullish Cypher setup still valid? Thank you.
Reply
TomHall TOP willzhang6
@willzhang6, Hi,
It is still a valid bullish setup.
Reply
willzhang6 TomHall
@TomHall, Great you say so and thanks for the reply. I am trapped in this pair but still do not want to admit its a failed trade..
Reply
TomHall TOP willzhang6
@willzhang6, My pleasure.
We all lose trades it's part of trading, if it is against you and it no longer is a valid setup in your rules, simply close it.
Reply
willzhang6 TomHall
@TomHall, thanks again. It nearly broke my bottom line of my long position which is 1.05... USD has been in rally for 3 weeks and there is not any correction so far, I really do not understand it. :(
Reply
i found that the combination of structure and advance patterns are more accurate . I have bought at same point active, lets wait and see. Good luck
+1 Reply
@WyFotso, It certainly is, the more confluence factors the higher probability.
Have a great week.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out