If weekend gap and the priceaction that follows it respects the current 141 fib extention we could see a cypher pattern in the making.
For better r:r then trading the completion zone i like to trade C point till D point.
This does however require a little bit more confirmation.
For how it looks now my target will be the completion zone of the cypher, stop can be super tight once we get the confirmation on monday, since the idea is "wrong" on a break of 141 fib extention anyways.
Trade safe.
For better r:r then trading the completion zone i like to trade C point till D point.
This does however require a little bit more confirmation.
For how it looks now my target will be the completion zone of the cypher, stop can be super tight once we get the confirmation on monday, since the idea is "wrong" on a break of 141 fib extention anyways.
Trade safe.