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Jul 21, 2016 9:04 PM

Google cypher pattern - Just an idea Short

Alphabet Inc.NASDAQ

Description

Hi traders,

On the daily chart on Google, we can see a potential cypher pattern forming. Pattern is completed at point D, which represents a value of 781.60. Stop goes above X.
Entry: 871.60
Stop: 796.70
Target 1: 754.64 = R:RR 1.79
Target 2: 736.09 = R:RR 3.03

Note: just an idea, not actually trading this.
To whoever wants to trade this idea, best of luck!

Trade closed: stop reached

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