Bearish Cypher long entry
Bearish harmonics often show up in strong uptrends in which an overbought condition leads to rapid selling and is often misinterpreted as a reversal. A bearish harmonic at new highs makes a low risk entry for a long position.
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.
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.