BAT on BAT: what the hell is going on??
As the proud user of the Brave browser I was looking for a place where it made sense to get some BAT. Then I saw a virtually perfect bearish BAT pattern... holeee shit :D
In the video i plot the pattern, discuss the pattern and then move on to what seems to be the beginnings of a Butterfly pattern.... what that essentially means is should this pattern work, price could make a C in the Butterfly which will allow me to get some BAT and trade it up to the 1.272 or 1.681 extension.
I will likely make a separate video on this should price head to where I think it might.
Have a good one!
In the video i plot the pattern, discuss the pattern and then move on to what seems to be the beginnings of a Butterfly pattern.... what that essentially means is should this pattern work, price could make a C in the Butterfly which will allow me to get some BAT and trade it up to the 1.272 or 1.681 extension.
I will likely make a separate video on this should price head to where I think it might.
Have a good one!
Comment:
sorry wrong chart
With this weeks R3 being exceeded and missed central pivot and the fact that next weeks weekly central pivot will be below current price I think this week will see a retracement.