EUR.GBP - BEARISH CYPHER SETUP - .8519
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 of the C to D move.
There is also opportunity to look for extended targets at around .8328
Stop loss would be placed above X leg structure resistance.
Target 1 - .8436
Target 2 - .8384
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 of the C to D move.
There is also opportunity to look for extended targets at around .8328
Stop loss would be placed above X leg structure resistance.
Target 1 - .8436
Target 2 - .8384
Catatan
Catatan
Catatan
EUR.GBP - D leg completion at .8519Catatan
If you opened this position at .8519 your target 1 should be closed.Catatan
If you opened this position at .8519 your target 2 should be closed.Catatan
Price expected to hit extended target at .8328 long term.Catatan
My personal Bat setup strategy is available below.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.