Current overbought market condition at 1H with a possible Bearish Bat Pattern. Daily RSI shows overbought divergence as well. 1:2.97 RRRatio. By looking at the left. Price reacts at .886 level. Caveat!
Downtrending market with short setup. Bearish AB=CD setup reached its TP price. If price breaks the major support line, possible entry for D completion of a Cypher pattern with 1:2 RRRatio. If candle closes at lower low and reaches entry point, Setup will be triggered.
If price breaks 150.236 a possible completion of Bearish Cypher will be triggered, opportunity to go long for D completion of Cypher. If prices continues to go down, a possible retracement will happen and TCT set up will be trigerred.
