I got an upcoming short/sell trade opportunity with 2 advance pattern formation and confluence of Bear Cypher and Butterfly. I got a setup that looks like this before dated May 3, 2017. Check Link to Related Ideas.
Abbreviations / Keywords:
LTF - Lower Time Frame HTF - Higher Time Frame TF - Time Frame TRS - Trend Reversal Strategy CRT - Counter-Retail Technique / Break-out APF - Advance Pattern Formation W4C - Waiting for Confirmation SL - Stop loss TP - Target Profit POR - Point of Ruin
Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to lose.
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Setup as per APF behavior and rules are still valid. Completion of the pattern could give me a potential short/sell trade opportunity.