Price is currently in a channel to the downside, if price keeps falling and reach the down trendline it's going to create a valid bullish bat formation, I like the structure around the entry level and also the respected channel trendline.
If it completes, I will place my stop below previous structure S/R and try to ride the price to the upper channel trendline.
Good luck.
Keep it simple, and focus on the process
Twitter: @JeanC680
Jean
If it completes, I will place my stop below previous structure S/R and try to ride the price to the upper channel trendline.
Good luck.
Keep it simple, and focus on the process
Twitter: @JeanC680
Jean
Order cancelled
Order filled overnightTrade active
Trade active, not cancelled. Wrong last updateTrade 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.