Bearish Cypher Formation on the Daily
Since price action recent push to the upside to test previous highs and the monthly resistance zone, price has formed a bearish Cypher formation. the traditional enrty was at .... but price had blown past giving a better risk reward profile.
exploring even more into price action we also have an ABCD Pattern with the D completing around the 1.21000 zone and a 1.272 extension + The RSI being in a very over sold state.
we have a lot of signs pointing that there may be a bearish rotation coming up
exploring even more into price action we also have an ABCD Pattern with the D completing around the 1.21000 zone and a 1.272 extension + The RSI being in a very over sold state.
we have a lot of signs pointing that there may be a bearish rotation coming up
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.