Hi All,
Setting up here we have 2 potential Cypher Patterns
Red Lines are Min Stop Levels
Green Lines are Long Entries
Blue Lines - Targets for Cypher Blue
Orange Lines Targets for Cypher Orange
Cyphers will be invalid if price pushes back up and closes beyond the 1414 Fibonacci Extension from the X to A leg for both individual Cyphers.
Cypher Orange has a 127.2 Fibonacci Extension also completing at the D
Both Cypher have a previous level of Resistance which should become support.
Good Luck and Happy Trading
Setting up here we have 2 potential Cypher Patterns
Red Lines are Min Stop Levels
Green Lines are Long Entries
Blue Lines - Targets for Cypher Blue
Orange Lines Targets for Cypher Orange
Cyphers will be invalid if price pushes back up and closes beyond the 1414 Fibonacci Extension from the X to A leg for both individual Cyphers.
Cypher Orange has a 127.2 Fibonacci Extension also completing at the D
Both Cypher have a previous level of Resistance which should become support.
Good Luck and Happy Trading