captain_smollett

EURUSD. Potential Cypher pattern and a triangle completion

FX:EURUSD   Euro / U.S. Dollar
Possible Cypher pattern spotted on EURUSD pair. It is very important to notice that the pair reached an important resistance level of 1.1050 and may bounce from here. In my opinion, every dip should be bought as we may face a huge EUR rally from now moving on.

I´m starting to accumulate long positions on EURUSD with a SL at 1.09 (below Brexit lows)
Comment:
Added 0.5 lots at 1.0986. Now at breakeven. First TP: 1.1131
Trade closed: stop reached:
Longs closed at breakeven, pattern invalidated

Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!
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