Trying to go short here. Channel, and looks like price wants to get little pull back. Lets see
Lets see where we can get involved. We have forming Garthley as well. Lets see
Lets see we are getting closer to major level expecting at least one more move up, if brakes the floor can go short after floor becomes ceiling =)
This is a nice opportunity to get involved. we hit the major cross road for price...we can go up for nice chyper patter or hit the road down the channel. Let see
Hello Traders, Have an idea to go long here for below reasons: 1) Daily Garthley 2) strong resistance level 3) double button forming
Lets see what price will do here. Should be pretty oblivious ;-)
Looks like we have nice pattern meet up. Bat and 3 Drive both finishing around same spot which is major resistance level as well. Lets see how it works out
Cypher or channel, that the main question, we can brake channel down and have a drop for bounce after Cypher gets completed, lets see.
Before getting involved here I will need 3-4 days of just watching it. from graph we can see that price broke major trend line and started the move up (might be long term trend set up). So lets see what kind of retrenchment is waiting for us and go from there.
I'm aiming to go short currently, but the main target is move up, we have potential bat pattern forming and triangle as well, that what makes me go short right now. Lets see.
Very powerful level, looking to be short. If brake and close above I will wait for the zone to become support before getting involved. Lets see
Will be trying to get involved in short position here. Chart speak for itself
Decided to get involved in this move down 1. Garthley on daily we can see it's completion in top left corner. 2. Brake of trend line 3. Bounce down 4. Retrenchment not higher than 0.382 5. And price action, all shows for move down
Lets see if price action pushes more up, only than I will be looking to go short. There is great area of interest with fibs and trend lines crossing. Lets see how it goes. Trying to find the best place to enter if price confirm our move.