


Potential bullish bat (H1) I'm still in for my T2 of shorting the bearish cypher.
A potential bearish cypher pattern is forming with a higher probability of completion based at the PRZ. The PRZ is based on: - fib confluence of 50% retracements and 78.6% retracement - previous support/resistance zone - trendline - potential harmonic move
Looking for a trend continuation opportunity with a possible 26-18 trade. Just to clear my mind: - a retracement of at least 61.8% should occur (getting resistance of the double bottom) which would also be a harmonic move. - targets can be based on retest of previous structure low, the 100% retracement and the 1.272 extension for a trend continuation.. - stops...
Waiting for the cypher pattern to complete. EDIT: still waiting for the cypher pattern to complete. I forgot i already posted it..
A potential selling opportunity is coming up, watching the possible bearish cypher completing. Target 1 is subtle with at least a 1:1 risk reward ratio.