Bat Pattern performed, price had been over acted though.
because of Fibo level, taking short here is quite hesitating.
2 options are possible for next week
1. wait for re-bound
2. wait for confirmation (price goes under previous candle's low)
1 has better RR ratio but larger stop loss
2 has smaller stop loss but smaller RR ratio.
because of Fibo level, taking short here is quite hesitating.
2 options are possible for next week
1. wait for re-bound
2. wait for confirmation (price goes under previous candle's low)
1 has better RR ratio but larger stop loss
2 has smaller stop loss but smaller RR ratio.
Trade active