Been in a down trend since the double top in April. I am showing a Bearish Cypher and I am predicting a drop to the B, but will let the profits ride to the A and possibly the C depending how things play out. I will update then...
For Educational purposes only. Please DYOR
For Educational purposes only. Please DYOR
Note
A violation of the X makes this idea invalid. Good thing I waited for confirmation would’ve been rekt by today’s candle otherwise...Note
The original idea of a cypher extended into a Bearish Barracuda. I didn't make this trade but I did just want to point out the relevancy here. Waiting for the Barracuda was the correct move, unfortunately I was busy this week and missed the call untill now. 
Like it if you like it, and comment if you have a question. I'm happy to answer!
***This is a reflection of my own educated opinion and should not be viewed as financial advise, please use this for educational purposes only.***
***This is a reflection of my own educated opinion and should not be viewed as financial advise, please use this for educational purposes only.***
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Like it if you like it, and comment if you have a question. I'm happy to answer!
***This is a reflection of my own educated opinion and should not be viewed as financial advise, please use this for educational purposes only.***
***This is a reflection of my own educated opinion and should not be viewed as financial advise, please use this for educational purposes only.***
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.