is forming a cypher pattern signaling an upcoming drop in price.
There are 2 cases here
1. price will go down according to pattern 1.
2. the price will go up to form the case of the cypher 2 pattern.
Let's take a look at the weekly frame:
The price is still showing signs of going up. so I think case 2 will happen.
There are 2 cases here
1. price will go down according to pattern 1.
2. the price will go up to form the case of the cypher 2 pattern.
Let's take a look at the weekly frame:
The price is still showing signs of going up. so I think case 2 will happen.