Formation of bat pattern.
Trade active
I actually posted this trade a day ago but forgot, my badNote
^ In the title I said short, I mean longPrices hit entry point, now gauging price action for signs of reversal before entering
Note
It has closed below my potential reversal zone. We will see how this plays out but I think its unlikely that it'll turn around. This is a good example to wait for price action reversal before entering a trade
Trade active
We saw a reaction earlier today but I was asleep so I just jumped in Trade active
UPDATE: - So far, so good, 1st profit target will be 38.2% AD
Trade closed: target reached
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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.