Potential bullish Cypher formation on 1 hour chart. D completion is not giving a 1:1 risk reward ratio. You might wanna follow what price does once it enters the yellow zone in the chart. Look for a better reason to enter on this trade (double bottom, higher high and close candle, etc).
Trade closed: target reached
Target reached on this one. If you trade multiple targets, you might still be on this trade and move your stops to break even.
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.