An opportunity to short/sell on a potential bearish Cypher pattern formation. Aggressively sell via pending sell limit order on the completion or conservatively sell once price reach our Bear Cypher PRZ and wait for further confirmation. Stops and TP as seen in the chart. Trade with care and good luck in the markets!
Abbreviations / Keywords:
LTF - Lower Time Frame HTF - Higher Time Frame TF - Time Frame TRS - Trend Reversal Strategy CRT - Counter-Retail Technique / Break-out APF - Advance Pattern Formation W4C - Waiting for Confirmation SL - Stop loss TP - Target Profit POR - Point of Ruin
Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to lose.