So we have here in D1 chart a potential BAT pattern on going.
A big AB=CD (red line) and a small AB=CD
(purple line) at the completion of BAT.
Price is bouncing off 200 MA plus RSI is heading towards oversold.
Almost 1:2 risk and reward for this entry.
A big AB=CD (red line) and a small AB=CD
(purple line) at the completion of BAT.
Price is bouncing off 200 MA plus RSI is heading towards oversold.
Almost 1:2 risk and reward for this entry.
Trade active
Note
Move stop loss to lock profit
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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.