This is a complete structure trade which is combined with advance Pattern the reason why im taking the trade is because it has came into my kill zone and the targets which im going to place on this trade will be trend following, as the advance pattern is only my reason for entry
One to one harmonic move with structure and fibonacci confluence at the completion of the harmonic move. Reason for entry is the double bottom on d completion on the ABCD pattern.
Two advance patterns completing the Batt and the Butterfly at the same point
Harmonic Move which ends, at that point there is previous support and resistance with a lot of Fibonacci confluence such as the Golden Fib 1.618 also the 1.272 the 1.414 , 1.13 which is a minor fib and finally there is a Fibonacci retracement and the ratio which is in the kill zone is the 88.60 which is another minor fib. There is also previous structure support...
Cypher and batt formation of the 60min, can trade either one cypher is safer due to the reason it meets with that trend line, but for a better risk to reward trade the batt pattern. most likely im going to trade the Cypher in this instance
Bullish Cyphe formation on the 4 hour this is also completing at the same respected trend line