Here we potentially have the making of a bullish bat pattern.
This pattern utilises a very small stop loss with the following criteria displayed on the chart.
The B retracement point can be seen at 0.5 XA.
Entry point being 88.6 % XA
Stop loss 100% XA
BC projection 224%
Also denoted on the chart close to entry is a 1.27AB=CD.
Would like to see price break this levels in one clean bearish move.
This pattern utilises a very small stop loss with the following criteria displayed on the chart.
The B retracement point can be seen at 0.5 XA.
Entry point being 88.6 % XA
Stop loss 100% XA
BC projection 224%
Also denoted on the chart close to entry is a 1.27AB=CD.
Would like to see price break this levels in one clean bearish move.
Trade closed: target reached
Trade Closed target exceeded
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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.