USDWTI H4 - Also on a very key S/R zone, currently acting as support. Looking to see if we hold ground here, otherwise we are on the verge of setting a new low and changing trend. $40/B is a key psychological price too. So would like to hold above here.
On the EUR.GBP 1hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup.
The price reversal zone on this pair is between .8519 & .8577
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...