Amazing Conjunction between Advanced Gartley Pattern, Fibs, ABCD Patern, Major Structure Level, RSI in Overbought condition All compiles in one place - 7120.., It would be interesting, don't you think ? :)
The Market is testing for third time a major resistance level and gives us a sell signal for my previous idea on the same pair, daily chart. We have Major Structure Level on a HTF and TTF as well, RSI Divergence, Triple Top and we are on Overall bearish trend based on 1D,4h HTF. I think I'll jump in , wish me luck ! :D
Given the fact that there are harmonic patterns for bearish trend, we can see bearish head and shoulders, ABC projection and Fibonacci are aligning good.. what do you think ?
Nice opp. for extend target on at Move 1 and Reverse price action at Move 2 Fib 0.382 retracement
Bearish Cypher CADJPY 1h with possibility for extended targets
I don't think that the price will reach these levels, tho'
Cypher, good R/W ratio, Entry at 4h support level