Bull Cypher forming with the overall bullish movement, I will take extended targets on structure since the movement is with the overall tendence.
As the market spikes up, i adjust the targets based on the new fibs retracements
Check your data to see if this qualifies as gartley or a bat pattern ("X to A" equal or minor to 0.618 retracement)
Possible enter on the 1H chart for the cypher on the daily chart (on my previous idea) based on structure and 0.382 failure pattern.
RSI is oversold, looking to get long on a structure trade on 1h chart
Looking for double top on structure or 2.618 to enter. For me i will like to see spiking to the 0.382 of bigger retracement and close above previous highs.
Waiting for complete
I think there is a good chance on a good level.