Bearish BAT Pattern C-Leg This pattern completion is to retest that break to the downside If you count on the hourly chart you will see we turned around at the 5th wave From that we've been making higher highers and higher lows The pattern completes at previous structure resistance so short term long opportunities into the 88.6-1.618 which is also a 61.8...
When the market conditions change so should your analysis From previous High to Low you can see the market came up into a 78.6 fib level confirmed C leg its pretty much showing signal for turn around at this level so we could look for the completion of a BULLISH GARTLEY STILL short
abcd pattern complete right at the 61.8 which signals a potential bearish gartley B-C
bigger picture cypher complete to give more buying opportunities for the c-d on the ab=cd pattern
cypher complete 78.6 retesting the zone area to rise back up (intraday setup)
short position looking for the market to double top on lower time frames and then fall down
AB=CD pattern im looking for to complete C-Leg bounce off the 61.8 fib level also i see a wedge break for all the BREAKOUT TRADERS
On the lower time frames the market has gave us a double top look so im just looking for a retest of the lows for people to grab long positions also to complete the D leg of a bearish cypher
Im currently looking for this market to continue short into the 78.6 for a D-leg completion of a bullish cypher to continue the trend upp
Currently can look to go long on the current market structure.As for the bigger picture move Im seeing a bearish Gartley setting up.At this current level we're sitting on that 61.8 which is the C leg we can take an aggressive swing from here or we can wait for pattern completion.
If this market completes an ab=cd pattern and retrace at the 61.8 we could look for a bullish Gartley pattern
C-Leg complete for a Cypher LONG up into that D completion of the pattern into the 78.6