Long term view - Bullish Cypher - First Short and then Long
Actualizado
A bullish Cypher is in the process of forming.
Expecting the price to short until leg D, which will provide long opportunity
Expecting the price to short until leg D, which will provide long opportunity
Nota
Move above the 50% fib level is bullishNota
Also testing resistance levelNota
Place Buy order @ 112.469 (leg D)Nota
Stop @ 111.263Nota
Nota
Price is approaching leg D. Placing the order for buy at leg D.
Stop loss @ 1.13 reverse fib extension from A to X.
Nota
Stop @ 111.263Buy order @ 112.5
Nota
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