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PROMISING FORMATION

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For this pattern there are two possible potential reversal zones. If the D-point is 88.6% of XA then stop goes past X. Either 113% of XA extension, or 1 ATR beyond X. Some some traders use 10 pips past X level. If the D-point is 113% of XA then stop goes past 127.2% of XA. It can be 1 ATR past 127.2% or simply 141.4% level. Target 1: 38.2% retracement of AD...

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CAN'T BELIEVE I MISSED THIS BEAUTIFUL BAT, WAIT FOR RETRACEMENT AT THE D FOR POSSIBLE LONG. NOT GONNA CHASE TRADES, THERE ARE MORE OPPORTUNITIES TO COME. HAPPY PIP HUNTING MATES.

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look for bullish candle formation at the D for entry

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unleash the beast.

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lets see how it plays out

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hopefully this analysis pays off