Hey Traders, shout out to a good trading friend of min @journeyofaRookie2.0 for giving me the heads up on this opportunity. As a teacher and trading coach, one of the benefits is that when the traders you work with become good, they become extra eyes on the market me.
What we're looking at here are two potential Advanced Pattern Formations on the $EURUSD A Bearish Cypher (Yellow) & Bearish Bat (Pink). Yesterday we were able to use a bearish Cypher as an entry reason into a bigger Trend Continuation Trade (TCT) & this setup offers us a very similar opportunity.
Charles & I had a discussion about this after yesterday's Warroom Meeting, but we both think that there is downward potential to the $1.0620's areas before finding potential structure support!
What we're looking at here are two potential Advanced Pattern Formations on the $EURUSD A Bearish Cypher (Yellow) & Bearish Bat (Pink). Yesterday we were able to use a bearish Cypher as an entry reason into a bigger Trend Continuation Trade (TCT) & this setup offers us a very similar opportunity.
Charles & I had a discussion about this after yesterday's Warroom Meeting, but we both think that there is downward potential to the $1.0620's areas before finding potential structure support!
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