Pound-Dollar Cypher Long 4HR
Nice cypher pattern setting up, hoping to see a rally into first target at the .382 which lines up very nicely with the previous structure
Cypher Fibs
X-A brings B point at .382
C leg completes at .127 extension from X-A leg
D leg for pattern completion at .786 drawing from X-C
.382 & .618 Targets found using C-D leg retracement
Reversal "Box" drawn around fib confluence (.786, .127, .1414) using extensions from A-B and C-B Leg
Stops below the X leg
Will update as it works itself out
Thanks for reading,
Plan your trade, trade your plan!
Cypher Fibs
X-A brings B point at .382
C leg completes at .127 extension from X-A leg
D leg for pattern completion at .786 drawing from X-C
.382 & .618 Targets found using C-D leg retracement
Reversal "Box" drawn around fib confluence (.786, .127, .1414) using extensions from A-B and C-B Leg
Stops below the X leg
Will update as it works itself out
Thanks for reading,
Plan your trade, trade your plan!
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