Here we can see a reliable cypher pattern heading for resistance at the fibb .382 and previous resistance level. Price is slightly overbought as seen with RSI and stochastic. If I were a betting man I'd say we're going to see a drop here very soon.
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Look at how perfect that .382 line sits on previous resistance, can't ignore this.
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This is a bat pattern, it breaks the .618 which eliminates the cypher, my mistake. Used wrong terminology.