We could go down towards 1832 USD. This is a 78.6 % retracement. Look also to the nice Head and Shoulder pattern.
A down move is now possible. Hereby potential T1 & T2 and SL level.
We reached point "C" ... Awaiting point "D" .
First the golden mean needs to be broken ;)
The last two weeks a bearish engulfment was confirmed. A move down is likely to occur. A double top before this to happen is also possible, but then a bearish trend is to follow .... Hereby TP1 and TP2 according Fibo Levels : 38.2% and 61.8% Let's wait and see ;)
Point "D" is in view sooner or later .... Let us wait and see ;) If it is reached, a small correction can occur ! In casu, I will point out >>TP1 & TP2 ...
Gartley accomplished .... hoping successful short ... TP 1 & TP2 ;)
If we reach point "D", this Gartley pattern could be accomplished. So Long for a few more hours, and then a correction... to be followed ... with TP1 at 38% and TP2 at 61.8% ... the famous golden ratio ... which is also a former structural bottom ... Look left , Structure leaves clues ;)
If we reach point "C" we could start a Cypher pattern by accomplishing it at point "D". Also the RSI is overbought at this moment of writing. A downwards correction is now possible.
At point "D" nice correction awaited ... Hereby target point TP1 as you all know 38.1% and TP2 ... the beautiful harmonic golden ratio at 61.8% .... have fun followers ... let's wait & see ;)
After "C" point , check for "D" point.
We could reach the 127,2 % fibonaccian level at around 2158 $ ...
Heading towards point "D" for completion ...