Predicted one week ago, this Cypher
now is at completion and ready to reverse. On the way down it gave us and ideal AB=CD
pattern as well with a retracement up that looked like it was heading to invalidate the pattern.
An ideal AB=CD
is where the AB-leg is exactly equal to CD and where BC
is a . 618 retracement
Targets and SL are still identical to the previous post. See also the chart of JasperForex who's got other reasons but approximately the same PRZ for a Gartley Pattern
in a Bullish channel