If this 2H candle can close Bearish, it will have successfully created a zone that i personally trade. Looking for a Pinbar or Bearish Harami for confirmation. If the 2H closes bullish it invalidates the trade so don't be trigger-happy and just wait for the candle closure. I have trade set for a smaller TP but i do see this long-term going down a few-hundred pips.
It created an impulse move, which might cause a reversal on the zone it's trading in, if it breaks below the 0.7 zone we'll be looking for it to consolidate gaining enough momentum for a bearish move if it breaks above the resistance we will wait for a continuation pattern to form then we continue bullish, till the indicated resistance above current trading resistance
We noticed a Bearish Pin Bar formed after a breakout of the ascending channel which we know as the corrective structure and we are resuming the Impulsive move. The weekly pin bar is a good sign that market is gonna move to the downside. We would analyze the lower timeframe for more confluence and more confirmation
Bullish cypher pattern, first Take Profit level at a 38.20 Fib retracement from leagues C-D
price is moving in down trending channel and we can see a complete Bearish shark in sight with a double top pattern