As I write price action has spiked but not yet closed beyond the original 1.414 Fib Extension.
Of course we wait for confirmation but I think this potential pattern has moved from the linked chart to most likely complete at the levels shown on this chart with re-drawn levels.
We'll wait and see. Though at this rate it looks like the advanced pattern will complete over the weekend...maybe Monday morning?!
Of course we wait for confirmation but I think this potential pattern has moved from the linked chart to most likely complete at the levels shown on this chart with re-drawn levels.
We'll wait and see. Though at this rate it looks like the advanced pattern will complete over the weekend...maybe Monday morning?!
Comment:
Well price action did not close beyond the original 1.414 Fib Extension so if your rules allow a spike beyond but no close beyond, the (not this chart) original Cypher Pattern is still technically valid, working its way to 'D'.
Order cancelled:
Pattern void. Original Cypher (see related idea) likely to complete.
