We have a bearish cypher pattern in place. But what makes this cypher particularly interesting is that point C is a completion of an ABCD pattern. You gotta love a setup when multiple patterns are in play, giving you a more solid case for entry.
I'm looking to catch the CD leg with my entry being 0.7410 which is roughly 1.414 of XA with stop loss below the 1.618 of XA at around 0.7381 for a well balance risk to reward ratio
I'm looking to catch the CD leg with my entry being 0.7410 which is roughly 1.414 of XA with stop loss below the 1.618 of XA at around 0.7381 for a well balance risk to reward ratio