Potential Cypher pattern for a continuation of the long trend.
Keep in mind though, that the shorter trend is still bearish. Seeing as the structure is still pretty far away, I would put a pretty tight stop on this one.
Still a good RR ratio of about 2:1 for the first target, and if we get a continuation there is still a lot of pips to be made if you feel like trailing your stop further after the second target is reached.
Good luck!
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