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EURUSD > Bearish Opportunity with Bearish Harmonic Pattern

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Welcome traders!

Today we'll be looking at the EURUSD pair and a possible Sell opportunity. We have a bearish harmonic Cypher pattern at the entry, which could provide a good risk-to-reward ratio but not as good as the second place which is at a strong supply zone.

Looking at the chart, we can see a bearish Cypher pattern forming on the 4-hour timeframe, with the price at the key Fibonacci level. This pattern could signal a reversal and provide an opportunity for a sell trade.

To enter this trade, we could basically enter now if it is still at the entry point or set the limit entry at the D leg completion, my favorite place will be the 2nd place on my chart, is to wait for a further push to the upside and then look for a sell it will give much RR, but we will see


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Not
175 pips, closed, enjoy

anlık görüntü

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.