EUR.USD - BULLISH CYPHER SETUP @ MARKET - 1.0745
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
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