Lets watch what the price will do. We have potential to brake out and go down towards Butterfly and Garthley completion, if we go south we can watch for the brake of major and respected trend line from weekly view. No pending orders were set yet as hard to tell what price wants to do next. We might consolidate for couple days before price choose the direction.
Lets see if can use this opportunities. I'm still watching and will set up pending orders soon. Waiting for price to show me if Cypher is respected and move up going to happen, or we brake major trend line and will set up for move down.
We have completed Cypher pattern and good support area. Extended targets are also there
Looks like we can go short here. Butterfly plus 2618 trade is coming along, we can expect channel brake as well..Price have been in uptrend for some time now.
Looks like we have decision time You can put pending orders or watch this break out to happen.
Let see what price will do next couple days and try to get involved. Expecting one more up or brake of the channel and good move down.
1) Monthly trend line and previous rejection of it. 2) Another trend line brake Don't get involved yet...let see how it respects the trend line
Completed Cypher , trend line all together makes me want to go long =)
I'm looking for more move down after the flag is completed
Looks like the price will drop some more.
Lets see if we can get involved in some shorts and longs here. Cypher formation, also head and shoulders. Lets see and wait for price to confirm on it's moves
Waiting for this head and shoulders to completed. If we go below 50% i want to get involved..Let hope price will show us the way