IF=THEN
IF the price goes above point A, creating new higher-high (and forging a point C somewhere inside red box), It can be the development of a cypher pattern, THEN, if the price respect that pattern, IF it fall, creating point D, thereby increasing the likelihood of a subsequent upward movement with a nice risk/reward situation. (ENTER LONG)
SL should stay below point X.
Safe trades;
open.spotify.com/track/4jSKNCMSI6aOx6hii4D5kf
IF the price goes above point A, creating new higher-high (and forging a point C somewhere inside red box), It can be the development of a cypher pattern, THEN, if the price respect that pattern, IF it fall, creating point D, thereby increasing the likelihood of a subsequent upward movement with a nice risk/reward situation. (ENTER LONG)
SL should stay below point X.
Safe trades;
open.spotify.com/track/4jSKNCMSI6aOx6hii4D5kf
I am a financial market analyst based in Porto, Portugal. I provide market forecasts to a group of professional traders, playing a crucial role in assisting them in making well-informed decisions in the financial markets.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I am a financial market analyst based in Porto, Portugal. I provide market forecasts to a group of professional traders, playing a crucial role in assisting them in making well-informed decisions in the financial markets.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.