fter a successful completion of gartley pattern the SNGLS has started the formation of cypher .
The C leg has failed to break the 200MA strong resistance and now it can have a drop to form a C to D leg soon.
We have 50 and 100 MAs strong supports beneath the potential reversal zone moreover they are making a golden cross soon as shown in chart and this golden...
SNGLS retraced to 0.618 Fibonacci level, which is 385 satoshis on March 14 from the last bullish wave. Since that day it has an upward trend. In addition to that Elliot Waves show us that it is ready for the fifth wave. Value is above EMA14, EMA50 and EMA100.
Buy: Up to 420
Stop Loss: close daily candle below 370