BRZU Long (Cypher & Descending wedge w/ possible divergence)

21 дек. 2021 г.

Descending wedge creating divergence (price vs. rsi) on the daily chart.
Cypher pattern setup.

22 дек. 2021 г.

Заметка

This is not a valid cypher pattern because the AB retracement goes below 0.618XA.

22 дек. 2021 г.

Заметка

"The B point retracement of the primary XA leg lies between 0.382 and 0.618, the C point should be a 1.272 to 1.414 projection of the primary XA leg and the D point should be a 0.786 retracement of XC."