A potential short opportunity at the completion of a bearish cypher which is the 0.764 retracement of the XC leg.
With entries at market we get an even better risk/reward ratio.
Stops need to go above X. TG1 is at the 0.382 retracement from C to D. TG2 is at the 0.618 retracement from C to D.
With entries at market we get an even better risk/reward ratio.
Stops need to go above X. TG1 is at the 0.382 retracement from C to D. TG2 is at the 0.618 retracement from C to D.