MatTheCat
Short

Bear Harmonic Bat pattern framed against HTF Channel Break Down.

FX:US30   Dow Jones Industrial Average Index
Detailed description is provided in the text boxes in the chart.
On the Higher Time Frame Charts, US30 (DOW) looks ready for a bit of corrective action.
We have already had the FU move to put in the ATH , with considerable reversal configurations in place on Daily Chart , am watching the Lower time frame charts for this Harmonic Gartley (bat) trade to set up.

Either hit on tag, or hunt for reversal structure in the general vicinity. For such a trade, I always leave a little wriggle room so if the logical stop is bust, I often get opportunity to at least scratch the trade.

Comments

Wish I had the audacity to have re-entered.......lol.
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Logical Stop Level Broken, Set Limit order to scratch and wait for dust to settle before deciding on next move.
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