Bearish bat pattern
We are looking at a bearish bat pattern here. Just waiting for it to complete, and if it does i'm going to try to catch some pips on the way down. The price has also completed a smaller butterfly pattern, and a AB=CD. You can see the butterfly here:
I'm going to wait for the bat to complete, and then wait for some bearish PA. IF i get some bearish PA, THEN i'm going short on this pair.
I'm going to wait for the bat to complete, and then wait for some bearish PA. IF i get some bearish PA, THEN i'm going short on this pair.
Related publications
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.