Harmonic Bullish cypher completed

٤ مارس ٢٠١٥

harmonic bullish cypher has completed at 161 extension level from previous swing. this same level is also a previous major support and resistance level on at least 5 timeframes. price has rejected this level nicely and i am now looking to ride the geometrical 61.8 retracement of A-D. target 1 is 50% and 2 is 61.8%

risk reward is 4