Potential play for CD legs of two bearish Cypher patterns as potential targets. Divergences between the last waves. Be careful as the main trend is to downside.
Good Luck!
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TP1 reached
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Price completed the first to targets and as the wave developed we have a potential bearish bat pattern and a 5 wave move also to upside. For the time being we are inside a contracting triangle. If the triangle is broken to downside we can be in a bigger correction or trend continuation to downside. If price breaks the triangle and continues to upside we can be inside a flat correction.