Bearish Cypher pattern on its way to forming on Platinum priced in US dollars.
Upper black line shows good previous structure, which I use as a stop loss.
Lower black line shows good historic support (zoom out to see more), which the larger green box indicates as a third target. The other two profit targets are based on Fibonacci retracements.
Upper black line shows good previous structure, which I use as a stop loss.
Lower black line shows good historic support (zoom out to see more), which the larger green box indicates as a third target. The other two profit targets are based on Fibonacci retracements.
Trade active
Trade closed: stop reached