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...
If it keep following the trand I'm probably going to swith my strategy. Remember...Try to always use a stop loss and don't "revenge trade"
Its definitely hitting 114.861
USD/JPY Probably will reach target (A) because it went higher/high and touched the support line . Also there's a chance to hit the next retracement level . Good luck !
BUY AT : 0.7133 SL : 0.7103 TP1: 0.7150 TP2: 0.7170 "MARKET ORDER'' GOOD LUCK !
Its gonna hit the next 1 or 2 retracements level and drop .
This trend is going very bearish and gaining momentum.
This trend is going very bearish for the momentum .