still learning. *This is my view, and is not meant as advice for others to trade!
kind of similar to AAPL TA( see related )
price went to the C leg which can end anywhere in the green zone, but not below the 1.414.
For now it has been following the Cypher pattern criteria. Expecting price to go up and short at D leg.
1st target should be .382 from a CD leg Fib retracement, 2nd target .618
Constructive comments/criticism appreciated :)
Safe trading
kind of similar to AAPL TA( see related )
price went to the C leg which can end anywhere in the green zone, but not below the 1.414.
For now it has been following the Cypher pattern criteria. Expecting price to go up and short at D leg.
1st target should be .382 from a CD leg Fib retracement, 2nd target .618
Constructive comments/criticism appreciated :)
Safe trading
