bearish cypher pattern
- confluence of weekly resistance with .786 fib entry
- rejected this weekly resistance previously three times
- RSI is approaching oversold
- T1, T2 and T3 are set at .382, .618 and 1.00 fibs
- However I may extend T3 if it seems likely for further downside.
- rejected this weekly resistance previously three times
- RSI is approaching oversold
- T1, T2 and T3 are set at .382, .618 and 1.00 fibs
- However I may extend T3 if it seems likely for further downside.
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.