LISK - Bullish Cypher pattern

2018年2月7日

Market opportunities like this don't come along very often. By definition, higher time frame charts are typically better indicators of over all trend than anything intra-day. Oddly, I find not very many traders utilize them. The bullish cypher pattern just completed on Lisk is a strong signal that we'll see a correction. Remains to be seen if it will be sustained but the entry remains a good R/R nonetheless. For more information on the Cypher advanced pattern, take a look at Nico's publication:

TLDR:
Traditional targets :
Target 1 : 0.382 retracement of CD leg
Target 2 : 0.618 retracement of CD leg


Opinion and disclosure: Lisk has - serious - potential for 2018. I do not trade Lisk, only buy more when and where I am able. I still chart it for patterns and entries, much as I do with many other pairs I follow. I have (as of 9 days ago) sold half my EOS position to buy more LISk. Be smart with your trades, and best of luck to you.

2018年2月11日

交易結束：目標達成

This trade has successfully hit both targets and for all intents and purposes, it's completed. I would expect to see a bullish trend continuation based on the current candles. Significant support directly below us.