The last time I looked at this stock I had a bullish Bat Pattern on my radar, which resulted in a move back up to previous structure before continuing short. That movement down ended up being the 3rd drive in a bullish 3 Drives pattern (in yellow) and what I would expect is a minimal move back up to previous structure (orange arrows). Typically when traders look...
Should this be the EW sequence completion a possible 3D for a short into TL - breakout test
This looks like it will end up being a nice 3 drives bull channel, and we are near the channel support, and will be looking for a nice bull trend bar or a high 1 pullback entry bar to buy. I was also looking at the possibility of a small trading range (between points B and C). That is also setting up support and will likely have a successful bull breakout. There...
Tendence continues with this pattern for short entry Stick to your plan & follow your rules!
Two patterns Gartley to track and & 3 Drive waiting retracement to buy short.