Potential Cypher pattern, if it decides to head South.
Possible reversal
Possible CD leg of Crab Formation...
Possible Bat Formation, coming soon.
I guess soon there might be a turning point...
Thinking out loud...
I will just hope for the best.....
Possible CD led of a Cypher Pattern
Possible E wave coming up, but it could spike up first...
Possible Bearish Bat Formation.
Possible Bullish Shark Pattern.
Another scenario is that it drops to Target 1 and /or 2. Looks like a legit bearish Butterfly pattern...
Within the realms of possibility, just in case it decides to bounce off the trend-line.
Possible Bearish Cypher Patern.
Possible Bearish Shark Pattern
2nd option, Bearish Shark pattern.
Turning Point? Bearish Cypher pattern at its limits.
Possible Bullish Bat Pattern