As we can see on the chart overall trend is up. After finish of A-B-C Zig Zag correction price made another straight impulse move to the up side ( smaller fat green line ) and then correct itself. Now I am expecting another down move for completion of Expanded Flat Correction pattern which will be short opportunity. When/if pattern is completed I will be looking for long setup and continuation to the up side. Updates on lower time frame.
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Pull back possible. Divergence on 1 hour chart. Short opportunity.
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Always use lower time frame to see what is price doing. We can see on 5 minute time frame price break down leading diagonal which is indication of a down trend and short opportunity.
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Gartley and RSI overbought conditions indicates down pressure.
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Price still in up trend. Two possible directions.
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Price moving inside ascending channel with very strong divergence showing on RSI which indicates trend reversal. If price break to the up side look for long set up.
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Agressive entry on 5 minute time frame. Good R/R ratio.
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Price made strong down impulse. Now we should see correction pattern and continuation to down side.