Pattern Based Trade Setup inside a channel consolidation)
Short Opportunity here for a good trade to take on. Trade with Care. A potential Bearish Bat pattern on the upper trendline of the sideways channel. A candle close inside the range could trigger our short/sell trade. Trade with care.
Bat Pattern Setup:
XApt - First market swing/leg
ABpt - 38.20% < 61.80% XA leg
BCpt - 38.20% < A point AB leg
Dpt completion - 88.60% XA leg
Stops above the pattern X point and Target as it is. Good luck!
Bat Pattern Setup:
XApt - First market swing/leg
ABpt - 38.20% < 61.80% XA leg
BCpt - 38.20% < A point AB leg
Dpt completion - 88.60% XA leg
Stops above the pattern X point and Target as it is. Good luck!
Ordine annullato:
Invalid setup now.
Commento:
A breakout already on the ranging markets (channel)