The cypher pattern as analysed during the weekend has been completion and price action put in a pin bar rejection as well. At the moment, we are seeing a strong downwards pressure (based on current bar).
However, as long as the price doesn't breach the 47.75 structure level, the pattern as well as the support structure still holds.
I would love to hear your opinion, feel free to comment, agree or disagree.
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However, as long as the price doesn't breach the 47.75 structure level, the pattern as well as the support structure still holds.
I would love to hear your opinion, feel free to comment, agree or disagree.
------------------------------------------------------------------------------------------------------------------------------------------------------------------
Always wanted to connect, learn and help one another throughout your trading journey? Join our community for FREE at www.facebook.com/groups/fxpipsology/ The only thing you need to 'pay' is your commitment to trading and sharing!
Have a great pipping day!
www.fxpipsology.com/
www.facebook.com/fxpipsology
Cheers,
KY
