Long

trading a harmonic cypher pattern with confirmation

Updated

hey guys,

on euro swiss, after a massive sell-off the market stopped approaching a significant level of support
forming a nice dodji candle and with oversold RSI.

also the market has entered a buying zone of a bullish cypher pattern.

on a 4h chart we have oversold rsi with divergence,
and formation of double bottom.

it give us an indication of a market exhaustion!

the initial target will be 1300.0

good luck!

Note

also we have a completed bullish bat pattern here

Note

going even lower, will be looking for other confirmation

VasilyTrader

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