Possible Bat Pattern formation on the daily chart.
IPDE, expecting the market to hit my D leg which is 88.6% retracement for market to rally back up.
* If a new C leg is form and its higher than my previous highest close, trade wont get activated.
Lets wait to see how the market reacts in the next couple of days (*after the weekend) and hopefully enter this trade if everything lines-up.
評論
I didn't take this trade, since I was testing the Bat Pattern.
As we can see it did reach target 1 easily for a total of approx. +130 pips評論
Well we can see that it hit second target.