Hi all,
We could see a nice bearish bat developing @ 1.078 where we have a confluence of points.
Risk - Reward is well over 1:3 for this trade with target @ B of the pattern.
Happy hunting ! :)
We could see a nice bearish bat developing @ 1.078 where we have a confluence of points.
Risk - Reward is well over 1:3 for this trade with target @ B of the pattern.
Happy hunting ! :)
Note
This is a butterfly pattern*Note
We hit the 61.8% retracements with nice bearish divergence, now waiting to see if price wants to make a double top as confirmation to activate the trade. Some consolidation now is likely.Trade active
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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.