Bearish Cypher Patter
1. The trade will be to sell and in the direction of the downtrend.
2. Lots of noise in the area left of X & its in the same zone where I am expecting the pattern to complete @ D.
X2C Fib Retracement of .786 @ 0.72514
B2A Fib Retracement of 1.272 @ 0.72435
But planning to enter @ X2C fR of .886 @ 0.72603 to get a better Risk to Reward Ratio but in choosing so I may miss the trade.
2. Lots of noise in the area left of X & its in the same zone where I am expecting the pattern to complete @ D.
X2C Fib Retracement of .786 @ 0.72514
B2A Fib Retracement of 1.272 @ 0.72435
But planning to enter @ X2C fR of .886 @ 0.72603 to get a better Risk to Reward Ratio but in choosing so I may miss the trade.
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