The trade setup above uses two strategies that happen to be part of my overall trade plan. In the grand scheme we have a potential BEAR BAT forming, now my question is what needs to happen in order for me to enter a trade that capitalizes on the completion of the CD leg...well it appears i have a bullish triangle with a .382 retracement formed.
Now my risk reward profile can be set accordingly to give me the best probability of this trade going in my direction.
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