Risk x Reward is attractive.
Cypher pattern on the 4h chart. followed by a Bearish Divergence.
Movement seems a bit consolidated on lower charts.
SL is right above last high
TP1 is right at Fibo's 38.2%
TP2 is right at Fibo's 50%
TP3 is right at Fibo's 61.8%
I would highly suggest moving SL to BE as soon/if it reaches 23.6% of Fibo.
Cypher pattern on the 4h chart. followed by a Bearish Divergence.
Movement seems a bit consolidated on lower charts.
SL is right above last high
TP1 is right at Fibo's 38.2%
TP2 is right at Fibo's 50%
TP3 is right at Fibo's 61.8%
I would highly suggest moving SL to BE as soon/if it reaches 23.6% of Fibo.
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