Short setup. for more conservative approach: wait for break and retst the pattern
Gartley formation around D point od the 4hr Bat. Looks nice.
Niece looking Elliot 12345 move. Correction within larger downtrend
Broken wedge, might be an impulse wave. I will consider selling at (4) if there will be some kind of confirmation such as double top or clera bearish candle formations.
Short opportunity. Price met previous resistance. Major trend is bearish
Projected AB=CD Move: C point at support/resistant level 0.618 retracment on the previous impulse (AB) Completition at 0.382 retracment of a daily Bat Pattern
This whole move looks like a textbook Elliot Wave structure. Lets see if it`s realy going to move toward B and then C (at 0.618 retracment of the whole structure)