Bearish Cypher Pattern indicating price action is in false breakout. Potential retracement back to Monthly Resistance which may become a strong support point.
Yellow bar indicate strong supply zone which has been fully tested and shown strong resistance point. Good entry at current price, take profit right before the previous monthly resistance, stop loss at just above the supply zone.
Good Luck Trading All!
Yellow bar indicate strong supply zone which has been fully tested and shown strong resistance point. Good entry at current price, take profit right before the previous monthly resistance, stop loss at just above the supply zone.
Good Luck Trading All!
