olly_price

CYPHER pattern forming with good support/resistance

Short
FX:XPTUSD   None
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.
Trade active
Trade closed: stop reached
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