You are at the PCZ of the potential Bullish Cypher with Bullish Divergence and also at support. This is an extremely low risk entry, and you really only risk a little over 3% with your stop slightly below x and under support. Potential Targets are listed above. 1st being our conservative target of 0.234, second at 0.252, third at Wick A (0.2638) and our the 100% retrace target at 0.2794
Trade closed: stop reached:
Some trades don't work out! We also exceeded the retrace from X-A so it wasn't a valid cypher but that being said, I still plotted it as a potential trade set up because you only exceeded it by about 3-4%