Hi guys we got short setup/opportunity here. We already completed to bearish patterns which is the Cypher that was completed at 0.76634 and a Bearish Shark 88.60% that was completed at 0.76731 and could potentially complete a Bearish Shark 113% at 0.7696. As price is in our Bear PRZ by which for those conservative can wait for further signal/confirmation to short the market. As per conservative can also wait for a potential BO of the lower TL of the ascending expanding channel.
We could go and take targets as per pattern target points of 38.20% and 61.80% respectively up to an extension target on a potential bullish pattern setup confluence between the 78.60% and 127.20% an opportunity maybe for us to go LONG depending on future market sentiments/action.
We could go and take targets as per pattern target points of 38.20% and 61.80% respectively up to an extension target on a potential bullish pattern setup confluence between the 78.60% and 127.20% an opportunity maybe for us to go LONG depending on future market sentiments/action.
Trade closed: target reached:
Extended TP was hit if you have taken trades with the ff. setups.