Germany 30Short
DAX30 - BEARISH BAT PATTERN
A little late the party, but recent retracement offers an opportunity to jump on board
I am seeing a bearish bat pattern. Unfortunately, it didn't quite penetrate PRZ, just tickled the lower boundary of it, so I can't eliminate a possibility of another leg up into PRZ.
But I can only go by what is in front of me.
BEARISH BAT PATTERN
PRZ = 13384.1 - 13271.0
1.00ABC = 13271.0
0.886XA = 13382.3
1.618BC = 13351.3
I am seeing a bearish bat pattern. Unfortunately, it didn't quite penetrate PRZ, just tickled the lower boundary of it, so I can't eliminate a possibility of another leg up into PRZ.
But I can only go by what is in front of me.
BEARISH BAT PATTERN
PRZ = 13384.1 - 13271.0
1.00ABC = 13271.0
0.886XA = 13382.3
1.618BC = 13351.3
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