The Gartley pattern with TP's worked well with multiple entries being shown last week. Bouncing of this week's S1, with H1 showing bullish divergence on RSI, we could see a small rally up to help cover more short positions. Overall bias is still bearish, and descending channel is being respected. Rectangles show the levels to look out for, with the "entry zone" being the best shorting position.
Comment:
Missed some great scalp short entries today and yesterday, due to being sick, oh well! S1 holding but overall bias remains bearish, looking for entries at the same levels. Nice selling power coming from this 1.118.
Comment:
Now eyeing up this top entry zone, where we will most likely have a confluence of resistance/channel top.