potential bat d leg completion. trade is closed by trailing stop on 1hr time frame.
cypher at resistance level , the way i trade this if price breaks below close below blue trend line and rsi 44 breaks below 50 line than i take short position and stops above the previous swing high rather than above x level for better risk to reward. target 1 at 382 and target 2 at 618 level. or targets taken out when rsi 44 breaks above 50 line.
2* gartley at resistance level , also at 127 extension bigger gartley , ab=cd pattern , bear rsi divergence , price didnt retrace to 38% level on bigger gartley i would consider this as a potential double top formation. the way i normally take short position is if rsi 14 on 4hr chart breaks below 50 line or rsi 44 on 1hr chart breaks below 50 line.
price at fib 200 , resistance zone , rsi breach 50 line , trail stop to target at green fib line.
price at support zone , 200 extension of last leg up move , x to a leg extension at 141.41 , rsi bull divergence , now iam looking to go long if i get buy signal on rsi 14 stops will be below 131.20 x leg of cypher and targets will be placed once long position is taken.