Price is about to complete the cypher pattern but if you pay attention to the trend structure, it will probably fail.
We want to short after the pattern fails for a single target trade.
Like and comment if you find value in our analysis.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol. - We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade. - Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader. - Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
İşlem kapandı: hedefe ulaştı
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We warned you about the trap, watch the level that price reversed