Here we got another Cypher pattern completion about to go down. We had another winner a few days ago, so lets see if this pair will behave nice again today. The intra day trend is going in to bearish terms so it could be a good little trade to catch on a retracement. Look for an overbought RSI as always to add confluence. Stops would have been better of to be put above the minor horizontal resistance but it makes the R:R too bad on this low timeframe so we got only 1 target for a guick profit on this one again.
Kind regards
Thomas Jeff
Kind regards
Thomas Jeff