Short, also a fakey candle and divergence on the oscillator.
I believe that price will stay within the triangle formation and that eventually in the end breakout to the top side indicated by the bullish strength I've seen in the price action.
The AB=CD combined with EWO Divergence, a nice engulfing bullish candle, and though it's a little early to say this but it looks like an inside bar is forming. On top of all of this the ATR is showing an increase in volatility which adds to the likelyhood of this reversal taking place.
Extended 1.272 AB=CD Formation with MACD divergence, with very nice reaction to PRZ, will probably use ATR x 1 to calculate stop loss. Might not take this trade.
Bat formation. pinbar, PRZ converging with strong support, MACD divergence.
This trade is a little ways out and I actually might take a long position in anticipation of price heading towards PRZ, Converging AB=CD patterns PRZ's on daily chart with a nice trendline cutting right through that zone that will give a very convenient way to predict a more precise entry price and a tighter stop loss. I think the best course of action will be...
EURUSD 5-0 pattern on 4h chart, CCI divergence , PRZ confluence with a fairly decent support turned resistance. On 15m chart possible double top formed marking the reversal inside PRZ of 5-0 formed by 1.00 AB=CD reciprocal and 0.500 Fib retracement. Stop loss is place just above high of double top and might be a little tight, if I'm stopped out I will look for...
Crab PRZ lines up with Shark PRZ lines up with AB=CD PRZ, I'm pretty confident in a reversal occuring.
This is occuring in the PRZ of a large Bat on the daily/weekly chart so this is very possibly the turning point for a huge move.
Price at support with MACD divergence, split position into 1/3s, trailing stop for final 1/3.
Pretty weak AB=CD, MACD divergence, pinbar, price is also testing the backside of broken trendline on daily chart which is really hat caught my eye.
ALSO WATCH FOR MACD DIVERGENCE.