Dear all,
This is a little bit tricky. At a first glance, you may find that the first bearish cypher already completed sometime ago, but the there's another similar bearish cypher happening.... I personally took the 2nd bearish cypher trade to see if that works out.
The BAT pattern was completed sometime ago and it actually slightly overshot to the downside before the reversal.
I am holding my fire now, hoping it to come back down to 1.7603 level belong entry. Good luck!