Bullis Cypher on 60 min chart

Hello everyone
I have got bullish cypher formation on NZDUSD it has laready touched 78.3 area but if it comes back and retests with double bottom it can be good entry point for long opportunity. In terms of profit targets, I am aiming for 61% retracement and stop losses are half ATR below from d X point which is giving me 1.5 r/r.
We ll see what happens.

Sam

Trade active:

Entry has triggered now we are on. Lets see if we reach our targets.

Trade closed: target reached:

Hit the target nicely and closed position.

Sam