EUR/USD has been ranging from the beginning of 2018. The market has been contracting in a Symmetrical Triangle. It is possible the complex corrective wave is a bullish Cypher pattern but when it hits the PRZ further price action + volume analysis would give a clearer picture.
Cypher Ratios are: XD Retracement: 78.6% AB Retracement: 38.2-61.8% BC Extention: 113.1-161.8%
I usually look for a structure to determine Stop Loss and take profit. Look for a Risk: Reward of 1:2