we have:-
1-Structure Resistance Range
2-Cypher Pattern
3-Supply Zone
-now we see that price is now going up and will continue until find a resistance area that hold the upward move
-a cypher pattern complation (D) piont is totally in the sypply zone ... give us an area that we can looking for short ... we wait the re-action and then act ..
-we can short from the lower band of the sypply zone (Aggressive) or we can wait until price reach the (D) point of Cypher pattern to short
-our stop must be above the resistance range
-our traget is 0.618 of (CD) Leg ... we shoot for 0.618 because cypher pattern with the down trend
Be sure to Be ready .......!!
Thanks ....!!
1-Structure Resistance Range
2-Cypher Pattern
3-Supply Zone
-now we see that price is now going up and will continue until find a resistance area that hold the upward move
-a cypher pattern complation (D) piont is totally in the sypply zone ... give us an area that we can looking for short ... we wait the re-action and then act ..
-we can short from the lower band of the sypply zone (Aggressive) or we can wait until price reach the (D) point of Cypher pattern to short
-our stop must be above the resistance range
-our traget is 0.618 of (CD) Leg ... we shoot for 0.618 because cypher pattern with the down trend
Be sure to Be ready .......!!
Thanks ....!!