EURGBP 1H potential bull Cypher pattern
On the 1H chart, the EURGBP is showing a completely different story. Here, the market is showing a bullish momentum. In this situation, if the EURGBP decides to drop just a bit, there's a potential bullish Cypher pattern for a buying opportunity. The Cypher can also be used as a trend continuation trade strategy. This is a good opportunity for day traders.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.