We have multiple patterns and nice trend line..Price in decision right now so we can see where brake out takes us. Good luck!
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This is Bullish Garthley ( has to complete C and D points) and Bearish Cypher, needs to complete D point. Lets see what can we do. Also watching out for major trend line and any divergence on RSI.
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C point can be count as completed, might start going for trend line and D point.
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Cypher is not out of the game yet, Garthley has good potential after trend line is broken. Waiting for the filter or triangle to come along and show us where the price will brake or bounce for cypher. More time your eyes stay on the graph, quicker you will learn language of market. Nothing comes over night and if you didn't do something yourself =)
Trade geschlossen: Ziel wurde erreicht:
Was a great sale. Now looking at the bounce for Garthley. We should have something from price action which will indicate change of trend.
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Looks like we have reversal going on, thinking to get involved soon.
Trade ist aktiv:
AB=CD also completed
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Looking to go long now. Lets see if we get a signal on that