Potential Bat Pattern forming on the daily chart around extreme long term lows.
Gray box represents the potential reversal zone beginning with D point bat completion and ending around the AB 1.618 extension near the structure low.
Be patient and wait for bullish price action on the lower time frames.
Gray box represents the potential reversal zone beginning with D point bat completion and ending around the AB 1.618 extension near the structure low.
Be patient and wait for bullish price action on the lower time frames.
Note
Bat has completedWill be tracking price action on 4h and 1h for an entry
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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.