Cypher pattern in 1D timeframe

2020年9月8日

as you see, there is a cypher pattern on the chart of LTCUCD. In addition to this, we have the support of MA200 which can be a good support for its price.additionally, there is a triangle pattern in 1H timeframe and continuous rise in bottom of MACD.

2020年9月8日

交易开始

our stop loss in on 44 and the first target can be on 0.618 line of fibonacci drew on CD wave (between 58 and 60).

2020年10月26日

交易结束：到达目标

as you see, sometimes your stop loss is touched and you should close your position but this is just a little trick of this market and we should open it again when the price goes up.

so now our target is touched and we should save the profit.