today I show you a possible bullish setup, based on Cypher Harmonic Pattern.
The setup is to use on EURUSD. It seems that the EURUSD will try to catch the last high. After that I think that a downtrend will be developing.
The RRR (Risk Return Ratio) would be 1:5. For every invested 1 Euro you can gain 5 Euro. Please look on the chart. This is not an instruction for action. This is only my view of the chart.