CYBR Trade Setup

Here is a potential swing long setup for CYBR. This is an inside candles coil breakout setup with the 43.30 (black dash line) as a potential swing long trigger and the low of the engulfing candle of 40.30 (red dash line) as a reference level for establishing stop loss level.

(click on the chart to enlarge)


The target is 49.30 (blue line) level which is near the upper price channel that could potentially yield a 2:1 R/R.