Linkusdt 4H Cypher configuration
Point B should be retracted at least 0.382XA,
but not physically placed at 0.618 (shadow line contact is allowed)
Point C is between the 1.27 (1.13) - 1.414 extension of XA,
but it cannot be physically retracted beyond 1.414 (allow shadow line touch)
Entry point: 0.786XC
Stop loss point: below the X point, set the stop loss according to the volatility
Target 1: 0.382 CD
Target 2: 0.618 CD
Target 3: C point or higher
Entry point: 16.315
ATR: 0.513 x point: 14.969
Stop loss: 14.456 (- 1.859)
Target 1: 18.00 (+ 1.685)
Target 2: 18.631 (+ 2.315)
Opinions are for reference only and do not constitute investment suggestions
Point B should be retracted at least 0.382XA,
but not physically placed at 0.618 (shadow line contact is allowed)
Point C is between the 1.27 (1.13) - 1.414 extension of XA,
but it cannot be physically retracted beyond 1.414 (allow shadow line touch)
Entry point: 0.786XC
Stop loss point: below the X point, set the stop loss according to the volatility
Target 1: 0.382 CD
Target 2: 0.618 CD
Target 3: C point or higher
Entry point: 16.315
ATR: 0.513 x point: 14.969
Stop loss: 14.456 (- 1.859)
Target 1: 18.00 (+ 1.685)
Target 2: 18.631 (+ 2.315)
Opinions are for reference only and do not constitute investment suggestions
Note
Shark pattern,CD=1.618AB is a necessary condition, this idea is a wrong idea
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.
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.