We have hit TP 1 on the Bearish Cypher Pattern. We are currently looking at a potential TYPE II Entry. Keep an eye out for the level at the green line
We are at a significant level of daily resistance as well as a daily trend line.
Coming off a 4hr zone and weekly 50% fib level will wait for bearish confirmation before entering
We are moving towards the 50% retracement level on the 4hr will be looking for short confirmation at this level
We have a bearish bat pattern 4hr type ii return with a bearish cypher pattern inside at return level
Coming of a nice 4hr bullish zone. We are seeing bullish momentum and looking to take this to target 1 minimum
We are approaching a Daily Zone and Daily 61.87% Fib Level. Waiting for some bearish confirmation before entering
Looking to go long off the 4hr zone and 4hr trendline
We are looking at this for a long position due to it breaking and retesting market structure on the 4h and a 61.8% fib level
I have been watching this pair for a while as it has been moving back up to test fib levels and structure. I saw it break through the 61.8% fib level and head towards the 78.6% fib level. As it approached the 71.8% fib level it came to a Daily Zone and a Daily Bearish Trend Line. As I saw a new level of resistance form at the Daily Zone and Daily Bearish Trend...
Coming off of a Daily Zone and 61.8% fib level
We are coming off of a 4hr zone and a 4hr 50% fib level to the upside
Looking to short this pair once the 50% and 61.8% levels are reached. I will be looking for different bearish signs once these levels are reached. Examples: Bearish Engulfing Pattern, Pin Bar, Rejection Wicks, A Newly Developed Level Of Resistance At This Particular Levels
Trend Continuation, Break and Re Test of Structure