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

Zaktualizowano
A bullish Cypher is in the process of forming.
Expecting the price to short until leg D, which will provide long opportunity
Uwaga
Move above the 50% fib level is bullish

snapshot
Uwaga
Also testing resistance level

snapshot
Uwaga
Place Buy order @ 112.469 (leg D)
Uwaga
Stop @ 111.263
Uwaga
snapshot
Uwaga
Price is approaching leg D.
Placing the order for buy at leg D.
Stop loss @ 1.13 reverse fib extension from A to X.
Uwaga
Stop @ 111.263
Buy order @ 112.5
Uwaga
snapshot

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