Hi guys, we have a long/buy opportunity here with pattern completion and a potential Cypher or a 88.60% Shark pattern. Confluence to is a lower trendline which is visible in the Daily timeframe.
Cypher Pattern will complete @ 1.0015
Shark (88.60%) Pattern will complete @ 0.9937
You could enter aggressively on those levels or wait for confirmation (such a clean BO of the upper TL or candle stick or candle respecting the level of the pattern completion) to enter buy/long position. Stops could be place just below the pattern X structure.
Targets are already plotted in the Chart. Good luck and trade wisely. Caveat.
Cypher Pattern will complete @ 1.0015
Shark (88.60%) Pattern will complete @ 0.9937
You could enter aggressively on those levels or wait for confirmation (such a clean BO of the upper TL or candle stick or candle respecting the level of the pattern completion) to enter buy/long position. Stops could be place just below the pattern X structure.
Targets are already plotted in the Chart. Good luck and trade wisely. Caveat.
הערה:
If you have taken the bull cypher setup. TP 1 is hit.