Stiil have to wait, because it's not sure (as always :) ) at 1.5437 we have a strong resistance followed by a candlestick formation, but the market must break the support line in order to reach the goal and form the Cypher Pattern. Around 1.5231 - 1.5215 should be a good opportunity to go long, but it's always better to wait for the market to confirm a bullish move (double bottom, candlestick etc.)
Low risk/reward ratio trade :)
Low risk/reward ratio trade :)
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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.