The ES is currently in a daily bearish pennant formation which coincides with a 4th wave retracement on the 240 min time frame. While price retraced into the "Red Zone", other indicators still point to a short trade at either the break of the bearish pennant pattern (around 2905) or the taking entry at the BITS signal which has formed just below it (entry at...
Cypher pattern completion. Hopefully won't kill me. Always sticking with the trading plan.
Got a gartley and bat that complete around the same area. Good thing I thought about this for my trading plan and am able to take action accordingly. Always at least a 1:1 for first target and 1:1.5 for second. Good trading.