EUR.USD - BEARISH CYPHER SETUP - 1.0759

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On the EUR.USD 4hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup.

The price reversal zone on this pair is between 1.0759 & 1.0870
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 setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 1.0400
Stop loss would be placed above X leg structure resistance .

Target 1 - 1.0597
Target 2 - 1.0500
Nota
syot kilat
Nota
A break of 1.0650 should confirm a test of the D leg.
Nota
Price now approaching the D leg completion, potential short opportunity in the coming days.
Nota
This setup is still valid and something to consider into early next week.
Nota
syot kilat
Nota
Price now approaching the D leg completion, potential short opportunity in the coming days.
Nota
14 days later price has now completed at the D leg.
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