SUNE is nearing the completion of a bearish cypher pattern after breaking the bullish Wolfe wave confirmation line and retesting. This presents an opportunity to place a long position. The next pattern to look for if this is filled and completed is the bearish Gartley pattern. Depending on price action, I may be taking both of these trades. I will update the idea accordingly.
Cypher PRZ Confluence:
Gartley PRZ Confluence:
Cypher PRZ Confluence:
- Bullish Wolfe Wave on larger TF
- .786XA
- 1.272BC Projection
- 2.5AB=CD
- MA200 Support
Gartley PRZ Confluence:
- .786XA
- AB=CD
- 1.272BC Projection
Order avbruten:
Patterns Invalidated