The bullish bat pattern form within the demand zone on the daily chart. This setup is good enough for me t engage the counter-trend trade.
However, I must highlight that the B point of this bat pattern didn't hit 50% Fibonacci Retracement and may not be a Bat Pattern to some Harmonic Pattern Traders.
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.