bullish cypher pattern with wide buying range
Updated
hey guys,
4 winner in a row on gold already!
our next great trading opportunity is this harmonic bullish cypher pattern.
the problem with this cypher is that we have just seen a massive selloff from 1324 level,
so sentiment is very bearish.
to execute a trade properly we will need a confirmation signal:
f.ex, any reversal pattern on a lower timeframe.
for now, rsi is already heavily oversold, so last thing we are looking for is a confirmation.
initial target is a bit below 1300!
good luck!
Trade active
Note
target 1 is hit!!Note
Stop to entry
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