A Cypher forming on 1 Hour chart EURGBP, CD leg bouncing off previous structure with RSI favoring a long position. 3 targets to previous structure levels until the completion of the CD leg. The stop loss is placed at the 1.414 extension of the AB leg since, if broken, that would invalidate the pattern.
Note
Unfortunately the pattern will not finish up. So much for that shot.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.