Hello. there's a bullish anti new cypher pattern (and an "A butterfly" and a "Cypher" pattern) that is completed. I expect a bullish move from here. if the pair can't break the first target to reach the 2nd target, then it means the bearish move is too strong and not over yet.
Trade closed: target reached
Note
reached the first target then reversed so as I mentioned it means the bearish move is strong and as you can see it continued its down-trend movement.
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.