Market is approaching support zone around 172.40. Interesting to see the price action at that zone next week. If market breaks and close below that zone, the butterfly pattern will be more likely to get completed. But before that, will market bounce at support zone 172.40?
May be a little deeper 171.90 is good area as the cypher pattern completion point.. what say?
hungvutrader
⋅
Hi SirajHudda, thx for nice pattern.
Just want to share that all the PRZ is only for us to consider to enter the market, we need more confirmation to reduce our risk.
I love to trade when RSI(10) is OB or OS, and candle price action tell me that zone could be hold.
hungvutrader
⋅
Hi Casey, same view with you. But i think we should wait for confirmation before enter market.
May be a little deeper 171.90 is good area as the cypher pattern completion point.. what say?