BRZU Long (Cypher & Descending wedge w/ possible divergence)
Descending wedge creating divergence (price vs. rsi) on the daily chart.
Cypher pattern setup.
Cypher pattern setup.
Комментарий:
This is not a valid cypher pattern because the AB retracement goes below 0.618XA.
Комментарий:
"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."