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My brand new Ichimoku Market Scanner Advanced spotted an interesting situation.
We are now in a Weekly lateral phase. At the top of this lateral channel we can see a congestion ended with the breakdown of the flag.
This down movement dived into Kumo Cloud and broke it.
All signals are now in short direction so i set up my trade on this retracement move and try to follow prices till the bottom of this channel.
I also spotted a possible Cypher pattern in formation, this could be a first take profit at the 0.786 XC zone.
Tell me what you think about it and press like button if you agree with my analysis.
Merry Christmass everyone!