TradingFellow
Short

A great risk to reward from a Cypher.

FX:USDCHF   U.S. Dollar/Swiss Franc
In the left screen you see a Cypher pattern in the USDCHF             (4H) is valid for some time now but I just entered it. I want to share this opportunity for those that've missed this one. The pattern is still valid but has a lot of momentum in the bullish direction making it riskier to enter right now.

In the right screen you see a triangle pattern (1D) that shows a potential reversal point. This can be added to your cases of entry.

However, for the pattern traders out there, it's still a valid pattern that you would normally enter at the 0,9780 level.

Enjoy trading!
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