Pound-Dollar Cypher Long 4HR
Nice cypher pattern setting up, hoping to see a rally into first target at the .382 which lines up very nicely with the previous structure
Cypher Fibs
X-A brings B point at .382
C leg completes at .127 extension from X-A leg
D leg for pattern completion at .786 drawing from X-C
.382 & .618 Targets found using C-D leg retracement
Reversal "Box" drawn around fib confluence (.786, .127, .1414) using extensions from A-B and C-B Leg
Stops below the X leg
Will update as it works itself out
Thanks for reading,
Plan your trade, trade your plan!
Cypher Fibs
X-A brings B point at .382
C leg completes at .127 extension from X-A leg
D leg for pattern completion at .786 drawing from X-C
.382 & .618 Targets found using C-D leg retracement
Reversal "Box" drawn around fib confluence (.786, .127, .1414) using extensions from A-B and C-B Leg
Stops below the X leg
Will update as it works itself out
Thanks for reading,
Plan your trade, trade your plan!
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.