Two back to back Cypher patterns for EURUSD in 1 hour chart
One bearish cypher pattern had been done with price dropped. Be aware the bullish cypher pattern is forming afterwards.The D point is also matched with a support structure. You may want to close you short position when it reaches.
As euro is still on up trend on daily and weekly chart, it is also a good place to build up long position.
E: 1.2186
S: 1.2146
TP1: 1.2228 (1:1 1st kick)
TP2: 1.2256
As euro is still on up trend on daily and weekly chart, it is also a good place to build up long position.
E: 1.2186
S: 1.2146
TP1: 1.2228 (1:1 1st kick)
TP2: 1.2256