Nice area to watch for a short opportunity where the price is attracted like a magnet through a high liquidity zone i.e the Daily supply zone. The strong momentum is giving us the clue that this area could be a turning point.
We can also see the confluence with an advance CYPHER Pattern adding more weight to the potential of the reversal zone.
Happy trading
We can also see the confluence with an advance CYPHER Pattern adding more weight to the potential of the reversal zone.
Happy trading
Comment:
Target 1 reached, Stop moved to Break-even (free trade with partial profits taken)