moneymaking
Short

USOIL: Cypher Pattern nearly complete !!

FX:USOIL   Crude Oil (WTI)
300 0 7
Hello Traders,

Here we have a bearish Cypher pattern that is about to complete. Again this is a good setup because we are able to hide our stop loss above the 4 hour channel and looking back we see the market respecting the channel quite well. It's a good risk to reward setup. See the chart for more details.

Note: IGNORE THE YELLOW CYPHER PATTERN . It was not a valid pattern. Forgot to remove it. But cypher within a cypher would've been nice :)

Good Luck :)