Actually we have:
1-Bearish Bat Pattern
2-Structure Resistance
3-Supply zone
-Until now ... we have to wait and see the price action behavior on the zone between 1.13735 & 1.1425
-we could see potential weakness and some rejection candles on this area ... then it will be our signal to go short
-Stop must be above the X Point of the bat and above the Supply zone
-Target-1 is 0.382 of CD Leg of the bat pattern at 1.10325
-Target-2 is 0.618 of CD Leg of the bat pattern at 1.07927
Be sure to be ready ....!!
Thanks a lot ...!!
1-Bearish Bat Pattern
2-Structure Resistance
3-Supply zone
-Until now ... we have to wait and see the price action behavior on the zone between 1.13735 & 1.1425
-we could see potential weakness and some rejection candles on this area ... then it will be our signal to go short
-Stop must be above the X Point of the bat and above the Supply zone
-Target-1 is 0.382 of CD Leg of the bat pattern at 1.10325
-Target-2 is 0.618 of CD Leg of the bat pattern at 1.07927
Be sure to be ready ....!!
Thanks a lot ...!!