Not too much to say about this potential setup. The pair is in a sideways consolidation for quite a long time (see my last outlook on the daily timeframe attached below).
The market formed another advanced pattern in form of a bullish cypher pattern which completed on Friday. If the market opens at the same levels, there will be the opportunity to give it a chance, IF it meets your personal trading rules!
Stops below X
Targets at 38,2 and 61,8 % Retracement of the C-D leg. (see marked price levels)
-Have a good week of trading!
The market formed another advanced pattern in form of a bullish cypher pattern which completed on Friday. If the market opens at the same levels, there will be the opportunity to give it a chance, IF it meets your personal trading rules!
Stops below X
Targets at 38,2 and 61,8 % Retracement of the C-D leg. (see marked price levels)
-Have a good week of trading!
Note
Target 1 hit, moved Stops to BreakevenTrade closed: target reached
Target 2 hit.
Erfolgreich traden lernen.
wirmachentrader.de
wirmachentrader.de
Related publications
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.
Erfolgreich traden lernen.
wirmachentrader.de
wirmachentrader.de
Related publications
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.