Hi guys we got a near to complete bearish Cypher
pattern by which we can enter short prior to our bias that the X point of our Bear Cypher
could be our A point of our potential Bat pattern
. So price breaking the red line (Bat POV) would invalidate our bull Bat
pattern setup. Above that we also got a potential Bearish Gartley
Pattern. And take note of the upper trend line
as it could hit our potential bearish Cypher
pattern. Will it make or Break? A breakout below the lower trend line
can give us another aggressively short position and target would be on a potential bullish bat
pattern setup by which could give us another LONG opportunity.
Bear Cypher:: 1.0608. Stops above the X point.
TP1 and TP2 would be the 38.2 and 61.8 of the Patterns CD point, so with the extended target on the Bull Bat