EUR/USD - Potential Bullish Cypher

Bullish Cypher Criteria

• The B point retracement: 0.382 and 0.618 of XA,
  
• The C point retracement: 1.272 to 1.414 of XA,
  
• The D point retracement: 0.786 of XC
  

Overview & Summary

• TP 1: 1.14239 based on 0.618 fibonacci retracement ( Short Term Target)
  
• Risk to Reward 1:2
  
• Support at 1.1300 (from 15 Aug 2018 - 1 Nov 2018)
  
• Appears to be a channel between 1.13 - 1.18 (from 30 May 2018 - 9 Nov 2018)
  
• Potential for long term gains
  
• Enter at your own risk and always ensure you have a risk management strategy