Yesterday this bat pattern completed and I'm currently in a long trade taking profits from this pattern. Target 2 is the 0.618 retracement of the previous move down.
If we reach that target, another one of my favourite patterns completes, the 2618 trade (double top, break of neckline and a retest of the highs/lows into the 618 retracement.
So, if that 618 retracement is reached (which also happens to be at previous structure), we can do a stop & reverse and go short again.
**** UPDATE ****
the .618 retracement was reached and I took profit, now looking for a clear reversal sign to go short again. This pair has really been treating me nicely lately !
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.