Lets see how this goes. will enter after the rule are met
Going short if go below line and closes there.
Planning to scalp on this. Also targets might be extended, depend on how it goes.
Looks like the price is pushing up for the Garthley, as soon as completion reach will be looking for the sigh of dropping down to target and it happens to be the target is strong resistance line, so after that we can see more move up if it becomes support.
Need to price close below EMA to be involved, lets see
Hi Traders, The prediction on this pair is move down. Will be watching to scalp moves down and also watching for price action and clues if plan changes 1) We have potential Cypher forming. 2) brake of different trend lines 3) RSI is oversold but we know that bounce from 50 SMA can create a nice spike down, or overbought case (or we can just lay flat on the floor...
After price crosses the line I'm long. 1) Cypher still valid 2) RSI oversold 3) double bottom 4) brake and bounce of trend line, to confirm the brake.
Trying to scalp here. Based on FIbs and SMA and EMA, very simple