I'll be looking to get long around/in the yellow box area. Price is coming down to the lower portion of the channel. The 61.8 fib level is sitting smack dab on a previous support level. 200 EMA is setting up to pass directly through this yellow box as well, which can be used as an additional level of support. 50 ...
Just had a cypher complete around 0.7274. Watching this very close. It has overextended itself a little higher which can give us a better entry point for a better RR. However if it closes above the X of the cypher it will likely press even higher as this level has been major resistance in the past. If it breaks the ...
Cypher possibly completing around at 2.1054
TP1 around 2.0826
TP2 around 2.0685
SL around 2.1252
If it drags on (and remains valid) and completes after 1st of the year I'll look at shorting if everything jives.
Bat Pattern almost completed around 1.4858
Assuming it turns around at completion:
Target 1 is the CD .382 retracement around 1.5078
Target 2 is the CD .618 ret. around 1.5299
SL below X.
I'll be watching this closely and looking to go long if everything jives.