EURUSD: realtime trading opportunity (Cypher/ABCD/Fib)
Updated
Hi Freedom Traders,
I spotted a pretty good trading opportunity in the 4h EURUSD chart.
Why do I like this swing trading idea?
Well... a Cypher Pattern completion,
an AB = CD Harmonic Pattern
and a 61,8 Fib confluence from the bigger timeframe up swing
coming together in a very small price zone of just 7 pips.
You will find possible entry und exit levels for minimizing risk and maximizing profits in the chart.
Happy Trading!
P.s.: the entry level is also going to be my profittarget 2 level for my short swing trade in the Euro from 1,0812
I spotted a pretty good trading opportunity in the 4h EURUSD chart.
Why do I like this swing trading idea?
Well... a Cypher Pattern completion,
an AB = CD Harmonic Pattern
and a 61,8 Fib confluence from the bigger timeframe up swing
coming together in a very small price zone of just 7 pips.
You will find possible entry und exit levels for minimizing risk and maximizing profits in the chart.
Happy Trading!
P.s.: the entry level is also going to be my profittarget 2 level for my short swing trade in the Euro from 1,0812
Trade active
Note
Nice impulsive move towards our profit targets :-)I will keep updating this idea...
Note
Profit Target1 reached: +111pips :-)Congrats to everyone who could profit from this trading idea!
Trade closed: stop reached
+-0 for 2nd position (+111 1st position)
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