Two Potential Cyphers On EURUSD

FX:EURUSD   Euro / US-Dollar
There are two potential Cypher patterns setting up on EURUSD . There is a shorter term Bearish Cypher (Red) that will potentially complete @ 1.05806. Now this one can be used as an alternate entry for a trend continuation trade.
Now the Longer term Cypher (Blue) will potentially complete @ 1.06208. This one can be traded normally, (taking targets 1 and 2 at the 38.2 & 61.8 Fibonacci Retracements) or you can use this as an alternate entry as well.
Either way, make sure to follow your plan.
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Good luck and Good Trading.
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