On the EUR/NZD 4h chart we have a potential long opportunity at the D leg completion of a Cypher Pattern.
The price reversal zone on this pair is between 1.5978 & 1.5787 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher Pattern placed at the .382% and .618% retracement of the C to D move. Stop loss would be placed below X leg structure support.
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