OccultTrader

OccultTrader

AB=CD pattern, 1.414 AB extension and .618 retracements all agree on the same points.

OccultTrader

Waiting for the second leg of the zigzag (5-3-5) to complete.

OccultTrader

Guys?

OccultTrader

Anyone's with me?

OccultTrader

.886 retracement should've made the bears smile. My first target is at $240. I strongly believe it will hit $200, where I will still keep one third of my order in short.

OccultTrader

The Cypher pattern has already completed but there is still more room for the bears in the following months. Check the potential reversal zones, and you will see the one I picked is the one which respects the history. The 0.96 would be the safest point in this scenario, the absolute minimum where we should expect big players to seek for entry opportunities. The...