Possible Cypher Pattern developing/
I would let BTCUSD close below the dotted line and use the sliding parallel on the PitchFork as a stop.
Two targets are marked. Th first is a break of Point B.
The second is Point D which is a .786 retrace of XA.
In a perfect world I would rather have liked Point C to have extended by at least 1.27.
But we don't live in a perfect world
Do your own DD.
S.
I would let BTCUSD close below the dotted line and use the sliding parallel on the PitchFork as a stop.
Two targets are marked. Th first is a break of Point B.
The second is Point D which is a .786 retrace of XA.
In a perfect world I would rather have liked Point C to have extended by at least 1.27.
But we don't live in a perfect world
Do your own DD.
S.