I will be using this Bat pattern as short entry on this pair. If price pushes up to this level then i will be looking for a sell signal on lower time frame . RSI must be overbought and diverging to confirm sell signal. ATR based stops above the pattern starting point X. Minimum Risk/Reward Ratio for this trade is 1.45(TP1).
Trade your plan and good luck in the markets this week.
Trade your plan and good luck in the markets this week.
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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.