Couple ideas for the day - Part 2

Second opportunity on my radar is this bullish Cypher with good risk-reward ratio for a Cypher and potential nice profit.

Now let's wait and see !

Commento:

Just realized I used the wrong pattern tool on Tradingview (C leg is shown as 1,566 on my chart) but using the Cypher tool you get the correct Fib Ext on the C leg !

Ordine annullato:

Pattern is not invalidate as price closed beyond the 1.414.

Commento:

I meant that pattern is NOW invalid :)