Short Term Bullish Cypher (Orange) to Bearish Bat (Blue). This will eventually set up for a Deep Crab higher. For now, this is what is going on.
Trade active:
Target reached for the Cypher. If everything plays out the C-D wave for the Bat should play out
Trade active:
Monitoring this one closely. We did get a nice reaction to this level. Trade is still active
Comment:
Bullish 1hr engulfing candle should set this one to go higher.
Trade active:
Some follow through on this next 1hr candle. Trade still active
Trade active:
This turned into a Shark rather than the Cypher. Trade is still active
Order cancelled:
Trade Canceled