This is a Trend trade with Cypher pattern stopping at leg D + channel support that has been respected in the past multiple times.
Risk to Reward is great on this trade with 1st Target = 1 : 1 and Break-even for the remainder lots and take remainder lots either at 61% fib or let them ride up to double top.
Keep an eye on RSI as it may show divergence by the time price hits end of D leg.
Any opinions are welcome.
Thank you for viewing this!
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在
使用條款閱讀更多資訊。