I see a potential bat pattern forming, as well as a possible triple top situation as PRZ is at the previous 2 rejected areas. R:R at 1.2 (TP1) and 2 (TP2). Please note that the FOMC and federal funds rate are coming up in less than 2 days, please trade with caution. I will update if pattern completes.
Two potential bearish patterns completing at the same time : Shark pattern in yellow (Spotted on both daily & H4 Charts), Crab pattern (spotted on H4 Chart) in light blue R:R shown is for crab pattern : 2.5 (TP1) and 4.5 (TP2). I will update the R:R for crab pattern as well both patterns complete. Stay tuned.
I'm a little late for this pattern, but it's fine to enter next week as R:R is above 1 based on closing price, still within my risk appetite. From experience, patterns found on daily and weekly charts have reacted positively so far. If you want to wait for price to hit PRZ, R:R is 1.4 (TP1) and 2.4 (TP2).