The price is in previous resistance. 62% retraction. Cypher pattern would be completed now. 15 minutes time frame retested previous neck line. Try to short now for a good risk/reward ratio.
Comment
⋅
Stop triggered. -28.1 points lose.
Comment
⋅
Place a stop entry short order in 87.65. Direction is still short.
Comment
⋅
Update stop to 88.48
Comment
⋅
Step out again. 87.65 - 88.48 = 83 points lose. Total -111.1 points lose.