EURUSD Bullish Cypher Pattern for a minor correction
Description: Chartreaderpro found a potential Bullish Cypher Pattern on H4 Chart timeframe. We keep our main short positions targeting 1.12500 and 1.11100. We look for a long opportunity of a minor correction at D where the Bullish Cypher pattern is completed.
Trade Period: Intraday Trading
Pair / Instrument: EURUSD
Time Frame: H4
The trend in the Timeframe: Bearish
The trend in the Daily Chart: Bearish
Trade Based On: Bullish Cypher Harmonic Pattern
Recommended Lot Size: 0.05@ 10 K Account with 1:100 Leverage
The Area Of The Entry: 1.13220 – 1.1313
Stop Loss: Below X 1.12920
Target 1: 1.13500
Target 2: 1.13700
You can follow the setup: EURUSD Bullish Cypher Pattern
What to pay attention:
Subscribe to our services free of charge
Subscribe to our premium packages if you would like to get 1000+ instruments analysis and trade signals of Chartreadreadepro.
If you find our content useful, you can donate via PayPal.