This would just give me a bias on which and where market could probably go. Caveat.
Setups:
1. Potential Bearish Cypher soon to be completed = short/sell opportunity?
2. A bearish AB=CD is already completed and price is inside the AB=CD PRZ once again.
3. Bullish Cypher is still valid.
4. Price is currently at the trendline #1, could it be a retest?
5. Price breaking and closing below trenline #2, I could go and spot for sell/short opportunity.
Setups:
1. Potential Bearish Cypher soon to be completed = short/sell opportunity?
2. A bearish AB=CD is already completed and price is inside the AB=CD PRZ once again.
3. Bullish Cypher is still valid.
4. Price is currently at the trendline #1, could it be a retest?
5. Price breaking and closing below trenline #2, I could go and spot for sell/short opportunity.