Emerging Bearish Anti Shark Sell the breakout of the bullish blue channel
Sell If the next week bar closed red , down the blue horizontal dashed line
Emerging Bullish Shark and Cypher
The current bar must close red to confirm the no demand up bar
wait for an oscillator divergence or use volume spread analysis to confirm your buy entry
Emerging Bearish Bat with Head & shoulder achieving its target to the downside
On short term , sell the breakout of the dotted blue channel which represents a bearish corrective 4th wave from which the coming impulsive bullish 5th wave will start to the targets shown in the chart
Ideal Bearish AB=CD with an oscillator divergence and upthrust bar indicating selling
Price may go down in case the current bar closed red with low volume lower than the previous two bars Otherwise , A climatic action may occur to test the red zone again with low up bar volumes