First, there is a potential bearish cypher
pattern on the EurUsd
that will complete @ 1.11730. Stops will need to be at least 1.11857, with target 1 at 1.11602 and target 2 at 1.11519. Usually cypher
patterns have an inverse risk/reward ratio when you get onto the lower time frames, but this one is right at 1:1 for target 1 and better that 1:1.5 on target 2.
I will also be live streaming my trading this morning at 8:00 am est. If you would like to see more trade ideas like this, please come check it out.
Good luck and good trading.