Bullish Bat on Marijuana
Updated
Education and entertainment purposes only.
This is my first Harmonic Pattern I've identified; Bullish Bat. The A-C position is off by .004. The X-Center is off by .03. If you have some suggestions as to what this tiny fraction of a percent could mean, comments and suggestions are welcome.
I found this to be bearish but I bought in faaaaarrrr too early and thus, extended my long position. But, now I feel that the time has arrived for another Bullish trend for GNLN.
I think a target of 7.12 is reasonable profit taking area. 9+ is to the atmosphere
Likes and suggestions, comments appreciated.
This is my first Harmonic Pattern I've identified; Bullish Bat. The A-C position is off by .004. The X-Center is off by .03. If you have some suggestions as to what this tiny fraction of a percent could mean, comments and suggestions are welcome.
I found this to be bearish but I bought in faaaaarrrr too early and thus, extended my long position. But, now I feel that the time has arrived for another Bullish trend for GNLN.
I think a target of 7.12 is reasonable profit taking area. 9+ is to the atmosphere
Likes and suggestions, comments appreciated.
Trade closed manually
Made an error with the mid position. Still learning and searching for harmonics.
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