Bat pattern has completed and reacted, but did not hit TP1.
Notice price has dropped and hit PRZ again, however RSI is rising.
This shows a good probability that the market will react to the bat pattern again.
Furthermore, the PRZ area has been rejected on December, January, April and July.
R:R is 1.1 (TP1) and 2 (TP2).
Notice price has dropped and hit PRZ again, however RSI is rising.
This shows a good probability that the market will react to the bat pattern again.
Furthermore, the PRZ area has been rejected on December, January, April and July.
R:R is 1.1 (TP1) and 2 (TP2).
Trade closed: stop 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.