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
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Move above the 50% fib level is bullish
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Also testing resistance level
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Place Buy order @ 112.469 (leg D)
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Stop @ 111.263
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Price is approaching leg D.
Placing the order for buy at leg D.
Stop loss @ 1.13 reverse fib extension from A to X.
Placing the order for buy at leg D.
Stop loss @ 1.13 reverse fib extension from A to X.
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Stop @ 111.263
Buy order @ 112.5
Buy order @ 112.5
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