On this smaller TF its evident we are going to retest the TL before heading lower to complete the AB=CD or continue higher to complete the Cypher pattern before heading lower
After retesting the TL we could see us heading to Lows of the channel which is in confluence with Bigger picture
-The MA's have crossed so i'm in favour of the breakout retest continuation play. The cypher is just a possible upside scenario. which i doubt will be filled, but you know how the markets can be.
After retesting the TL we could see us heading to Lows of the channel which is in confluence with Bigger picture
-The MA's have crossed so i'm in favour of the breakout retest continuation play. The cypher is just a possible upside scenario. which i doubt will be filled, but you know how the markets can be.
