Hey trade, I hope you're having a profitable week!
As you can see the price is currently bullish running in the half-a-bat patterns L2 and above the 50 and 8 MA. It is preparing to trigger a trend-continuation signal that will lead the patterns price to reach its L3. We'll get that confirmation once the price has closed with a bullish candle. But if it decided to re-bearish break and close below the Monthly Neckline 1 and 21 MA, our bias will be rejected. With that in mind, do not take the trade because this isn't financial advice. I'm just sharing my ideas with you, and you can do the same by commenting below.
That's it for today. I hope you found value in this article. If you have a different concept in mind, don't hesitate to share it in the comments, I'd love to know your thoughts!
Stay Blessed Baby,
Sphatrades.
As you can see the price is currently bullish running in the half-a-bat patterns L2 and above the 50 and 8 MA. It is preparing to trigger a trend-continuation signal that will lead the patterns price to reach its L3. We'll get that confirmation once the price has closed with a bullish candle. But if it decided to re-bearish break and close below the Monthly Neckline 1 and 21 MA, our bias will be rejected. With that in mind, do not take the trade because this isn't financial advice. I'm just sharing my ideas with you, and you can do the same by commenting below.
That's it for today. I hope you found value in this article. If you have a different concept in mind, don't hesitate to share it in the comments, I'd love to know your thoughts!
Stay Blessed Baby,
Sphatrades.
