Hello traders, it appears BCH/BTC has formed a bullish cypher pattern on the 4h chart. This is an excellent long opportunity with a potential 40% return!
The measurements for a valid cypher are detailed below.
B: 0.382 - 0.618
C: 1.272 - 1.414
X to D: 0.786
Here is a view on market structure on the 4h chart.

As always keep your risk in check and apply sound trading knowledge to come to trading decisions.
Feel free to connect with me below :)
The measurements for a valid cypher are detailed below.
B: 0.382 - 0.618
C: 1.272 - 1.414
X to D: 0.786
Here is a view on market structure on the 4h chart.
As always keep your risk in check and apply sound trading knowledge to come to trading decisions.
Feel free to connect with me below :)
📈 Master the Art and Science of Trading: sixfigurecapital.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Master the Art and Science of Trading: sixfigurecapital.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.