We also have a potential bear cypher setting up here on thw 1hr.
IF it completes I will be looking to take T1 @ the 382 roll my stop to BE &
look for T2 @ the completion of the bull bat I shared moments ago.
Stop above X
T1 @ 382 of C to D
T2 @ Bull Bat Completion
Price is curently at the C point of what could turn into a bear bat
IF you have backtested this pair/pattern, and time frame and IF you have percise rules in your plan to trade this pair/ pattern, and time frame. Then you could potentialy get short.