Market was very bullish before but it's starting to lose momentum now. However, even if it's still losing buying pressure, there's still a buying opportunity, which is the bull Cypher pattern in this case, if it completes. The Cypher pattern will also be testing some previous structure IF it completes.
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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.