Reason to Short: 1) Retest of previous structure 2) Trend line act a strong resistance Entry depend on the price action on a lower time frame
looking to short if the price reject well in a lower timeframe
Short bias 1) Retest of previous structure 2) retrace to 618 region All entry depend of PA at that present moment
Looking for a completion in the pattern and to Short at D point. Entry: Base on price action when the price draw near.
Mine plan will be as such. 1) looking for opportunity to short at structure and or 2) look to short at 0.618 retracement.
Although the Fibo Ext completed there is still an immediate structure right below which is be potential a great support. And base on the weekly chart trend, the uptrend are still intact. So for better winning odds will look to long at support which is the yellow region
Trend line broken, looking to sell high
BAT Pattern Completed + confluence with the structure.
Market will determine me to take a long or short position at turning Point D.
Looking to short when the price reaches the Structure(Yellow Zone) or if it break the yellow zone look to short at D point of the CYPHER Pattern.