EUR/USD - Bat & Cypher Patterns

FX:EURUSD   Euro / U.S. Dollar
EUR/USD - 4h Chart - Bat & Cypher Pattern

Light Grey - Bat Pattern - D leg completion at 1.1361 - Bearish Pattern

White - Cypher Pattern - D leg completion at 1.0959 - Bullish Pattern

Price broke B leg resistance and is now making a strong move towards the D leg completion of the Bat Pattern , as there is no strong resistance level approaching it is more than likely we will get a D leg completion into early next week.

Depending on your trading plan and style, you could get short at the D leg completion of the Bat Pattern .
A more conservative approach would be to await price to complete at the D leg of the Cypher Pattern before getting long. I feel both the aggressive and conservative approach are plausible, but always trade your plan.

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Hi Tom! I had an the idea of growth and you gave me advice
You were right, the model was filled faster than I expected.

Please look at my new idea

What adjustments can you give?
Hi, looks like more upside 1.1488 then short. anyway good luck.
Cityfox Cityfox
My mistake short at 1.1499...:-)
Looking good, as long as we get to at least 1.1440 I'm happy!!
My views:
any recommended sl plz
TomHall adnanriaz21
Stop Loss on all advanced patterns should be beyond the X leg.
We are now live on this pair, best of luck traders.
Good eyes! this aligns with my view of a triangle formation on D1 chart. Regards.
+2 Reply
Thank you for sharing
+1 Reply
TomHall dedi.irawan00
No problem at all.
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