Bearish Bat near Completion NU
Even though it formed a double bottom from at points A and C, if you drag your fib from A to B the candles closed just over .886 which validated this bearish bat pattern. Looking for a push up between .7230-.7245 before taking a sell. First TP would be 38.2% retracement, Second TP would be at the 68.1% .
Extra confirmation
1. Testing a daily resistance point at .7225
2. Divergence from X to D on a 4h chart
3. Supply Zone from .7260-7230
Would Love some feedback & thank you guys
Good luck trading
Extra confirmation
1. Testing a daily resistance point at .7225
2. Divergence from X to D on a 4h chart
3. Supply Zone from .7260-7230
Would Love some feedback & thank you guys
Good luck trading
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.