this is trade 133 frm haidojo trading...
the current low of 1547/or the impulse leg A has been violated...so both advanced patterns are no longer valid...
In term of price-action, 1560 has turned frm support-to-resistance...but formation of lower-low at 1540 is too close to the previous one...
from the past experience, this might indicate a possible reversal to...
this is trade 129 frm haidojo trading...
- the bearish bat pattern is somehow still valid..with range to short frm 1597-1605...SL a few points abv 1605...1st tp 1587,
2nd tp 1560
the tighter range is 1585 - 1560...and the TREND is still DOWNTREND...short on rebound is still valid...
higher resistance : 1598- 1605 red box and bearish bat pattern
current...
this is trade 121 frm haidojo trading...2 messages here tdy...
1) a possible bearish bat pattern formation in hourly chart...with range to short frm 1597-1605...SL a few points abv 1605...1st tp 1587,
2nd tp 1560
2) lower level we have long-awaited bullish cypher pattern ranging frm 1512-1520...SL a few points below the 1500...1st tp 1560,
2nd tp 1587...
with...
