artyomka2000
Short

EURUSD Elliot Wave + Cypher Pattern Confluence

FX_IDC:EURUSD   Euro / U.S. Dollar
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EURUSD is starting to resume its uptrend from 1.0950 and it is forming an elliot wave as it is going up. If price comes down to form wave 4, you can buy at the 38.2 retracement of wave 2-3 which also acts as support by wave 1. Then if price continues to go higher, you can look to short at wave 5 (1.1462 level) which is also the D leg of a cypher pattern , and it also happens to be very strong daily resistance. You can look to take profits and around 1.1250 levels.
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