A bigger Bat Pattern has formed up after the smaller ones went invalid.
The current price is testing the resistance for the 3rd time near the Potential Reversal Zone.
The price seems to react to the PRZ with 2 previous candles closed with a long shadow.
I will decide to engage a trade after the current or next candle closure.
The current price is testing the resistance for the 3rd time near the Potential Reversal Zone.
The price seems to react to the PRZ with 2 previous candles closed with a long shadow.
I will decide to engage a trade after the current or next candle closure.
Trade active
Trade EngagedTrade closed: stop reached
Hit SL
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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.