Cypher inside descending triangle

١ مارس ٢٠١٧

On 0.786 i think is a good oportunity to short. Price is forming descending triangle. RSI is overbought. I expect at least 0.236-0.382 pullback for TP1, TP2 is 0.618

Price could also make just a small pullback and continue up, target 1.272 extension