H1 is showing a potential double top formation, If market breaks the previous structure, then a potential 2618 trade is present, Another supporting reason for such bearish move is the AB = CD & a fibs inversion of 1414 level
Potential Bat Pattern, With Fibs inversion of AB, therefore ... going to wait and see for a potential bullish setup in the lower TF
IF the C leg does not break the A leg, potential market is forming a gartley pattern. Currently the market is still in consolidation mode therefore the ultimate trend will be the break of the consolidation level. THe consolidation level is betwween the Low of X leg and the high of A leg.
Potential Market setup for a sHark or abcd This can only be confirmed basedd on the break of C leg for a Shartk Pattern or The break of B leg for a potential of AB =CD. For now ..lets look for a lower tf for a recognizable pattern to be invlolved
Based on higher TF, its a potential SHark Pattern setting up. THerefore for the market to complete this pattern, we should look for a bearish setup for our entry, earlier we could have be involved with the break of the Double TOps... but for now... ill wait for a nice bearish entry setup to be involved,
Potential HTF ABCD with fibs confluence Potential Bat Pattern If the ABCD fail, there is a Bat Pattern setup
Observation mode, awaiting for a good setup for an entry , Market is already in PRZ zone.
H1 Potential Bullish Gartley We have a few levelsm such as - Sturcture - FIbs inversion - H4 38.2 Fib. Retracement, The Overlaping red zone is a buy area :) ...
EU H4 Potential Butterfly Pattern wIth - Structure , a few fibs confluence :)
Awaiting for the price to go into the zone, then refer to an entry level or.. wait for a potential bullish pattern and target the shark PRZ zone.
This potential butterfly pattern will be valid once 1. the C leg does not violate the A leg There is a few confluence level on the PRZ zone,
Cypher Pattern Completion on H4 with the following supporting analysis Inverse Fibo BC inverse Fibo AB Structure BUT!!!!!!!!!!!! - please refer to ur data feed & ur ROE, since on tradingview, the data did not touch XA fib ext of 127. So for a perfect cypher this must touch, but depending on ur datafeed, results may vary.
H1 Potential Bearish Gartley Pattern with structure,
While analyzing the other pairs, we have a gartley completion on GJ for a bearish trend, Since i missed this trade for a good entry, will wait for a good 2nd chance entry, such as a double top, or a better Risk Rewards ratio.
Market has been breaking previous structure in h1, now we can see a potential cypher pattern in h1, which is supported with structure level. but in the long term, this bearish movement can be the completion pattern for a bullish H4 cypher.
On the higher TF, we have a complete H4 Bearish CYpher Pattern. Then, we have a double top ,and now a potential Bearish Gartley on H1 TF, Going Short on this Pair :) ,,