Let's make sure of the good 1:1 RR for us to enter

A pattern based trade setup for a good 1:1 RR Trade setup with a potential bullish cypher formation in it. Target 1 prior from its entry price most likely on the 78.6% fibo price handle to the trade setup stops must give atleast a good 1:1 RR before we jump into this long/buy opportunity trade.

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TP1 is reached if you have taken the setup.