UnknownUnicorn101425

UnknownUnicorn101425

Just spotted this potential Cypher pattern with trend on the H1 timeframe with trend this morning. Price is fast acending to go by our C leg, but lets see if we get a retracement. Entry: 0.76172 Stop: 0.75833 Target 1: 0.76642 Target 2: 0.76928

UnknownUnicorn101425

After i posted a bigger Cypher on the H4 timeframe a few days ago, price have been in a consolidation state. But on the H1 i see a minor down sentiment where we have a smaller Cypher pattern that may complete if price retrace to privious outside return lower low. Entry would be at 119.830 and target one at the 0.381 fib level at 119.425

UnknownUnicorn101425

Bear Cypher pattern, entry is not really at a structure level, but price is kinda consolidating. D level is just under the B level making it valid but not really a perfect pattern. Risk:Reward is acceplable to target 1. With a 74% Win rate in this pair on average. It looks like price is heading south so let´s see if it breaks the C point or return, only time will tell