Hey Traders,
During today's Daily Market Session we entered a small position on a potential Bearish Bat Pattern formation on the S&P 500 securities. This was identified as more of an extended Bat according to the trade plan as the C-D leg has extended beyond the .886%. The potential pattern has formed in the region of a previous Resistance zone.
Entry was @ market within the current zone
Stop was placed above the X point
Good looking potential pattern @ this point in time!
Happy Trading!
MountianGuide.
During today's Daily Market Session we entered a small position on a potential Bearish Bat Pattern formation on the S&P 500 securities. This was identified as more of an extended Bat according to the trade plan as the C-D leg has extended beyond the .886%. The potential pattern has formed in the region of a previous Resistance zone.
Entry was @ market within the current zone
Stop was placed above the X point
Good looking potential pattern @ this point in time!
Happy Trading!
MountianGuide.
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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.
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.