My brand new Ichimoku Market Scanner Advanced spotted an interesting situation.

We are now in a Weekly lateral phase. At the top of this lateral channel we can see a congestion ended with the breakdown of the flag.

This down movement dived into Kumo Cloud and broke it.

All signals are now in short direction so i set up my trade on this retracement move and try to follow prices till the bottom of this channel.

I also spotted a possible Cypher pattern in formation, this could be a first take profit at the 0.786 XC zone.

Tell me what you think about it and press like button if you agree with my analysis.
Merry Christmass everyone!
Chart PatternsCypherHarmonic PatternsIchimoku CloudTechnical Indicators

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