Cypher pattern at major structure

Updated
Good afternoon traders!

This is actually my first trade on my forward testing!We had a very bearish trend, and we just reacted to previous support. However, this reaction formed a nice Cypher pattern that lines up with previous structure. I already got filled; let's see how this goes.

Have a nice day everyone!
Trade active
Note
Stops moved to break even. I adjust targets and price came within 1 pip from tg 1. I will not lose any money on this trade, not even demo money.
Trade closed: target reached
CypherFibonaccipatterntradingratiostructuresupportSupport and ResistanceTrend Lines

Also on:

Disclaimer