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 of AB.
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.
An ideal AB=CD is where the AB-leg is exactly equal to CD and where BC is a .618 retracement of AB.
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.
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► www.tradingview.com/u/Nico.Muselle/
Twitter: twitter.com/NicoMuselle