enough said in the diagram....
Just note this is all happening on a descending triangle frame work which is the longer term structure, so the bat structure may have com truncation due to the triangle effect....A challenge to time right..!
Disclaimer... Not a trading advice!
Just note this is all happening on a descending triangle frame work which is the longer term structure, so the bat structure may have com truncation due to the triangle effect....A challenge to time right..!
Disclaimer... Not a trading advice!
Comentarios:
its a weaker bat actually with a 0.382 retracement at B point the strongest one is a 0.5
the higher levels determined by the bat may be rejected by the triangles' trend line n may reverse before the prz limit, as the triangle is a much dominant longer term structure...