A possible bearish bat pattern might be completing soon.
Daily chart, ensure lot size adjusted according to your risk management.
I will update when pattern completes.
- RSI is about to reach overbought level
- PRZ is slightly above trendline resistance
- R:R at about 1 (TP1) and 1.7 (TP2)
Daily chart, ensure lot size adjusted according to your risk management.
I will update when pattern completes.
Note
Getting closer to pattern completion and RSI overbought level.Note
Pattern completed earlier than I expected, I'll be sleeping though.RSI for Daily and H4 are above overbought level, RSI for H1 is retracing from overbought level.
Whoever's awake now can monitor and enter, remember to adjust lot size as SL is larger =)
Note
The drop has begun.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.