Long term view - Bullish Cypher - First Short and then Long

13 thg 3, 2017

A bullish Cypher is in the process of forming.
Expecting the price to short until leg D, which will provide long opportunity

13 thg 3, 2017

Ghi chú

Move above the 50% fib level is bullish

13 thg 3, 2017

Ghi chú

Also testing resistance level

16 thg 3, 2017

Ghi chú

Place Buy order @ 112.469 (leg D)

16 thg 3, 2017

Ghi chú

Stop @ 111.263

16 thg 3, 2017

Ghi chú

17 thg 3, 2017

Ghi chú

Price is approaching leg D.
Placing the order for buy at leg D.
Stop loss @ 1.13 reverse fib extension from A to X.

17 thg 3, 2017

Ghi chú

Stop @ 111.263
Buy order @ 112.5

17 thg 3, 2017

Ghi chú