NEO Bullish bat, weekly central pivot target 1

Neo has set up a nice looking Bat pattern an is currently retesting the 78.6 level. Assuming this holds the first target is the missed weekly central pivot above. In fact similar patterns are setting up all over crypto. So they will either all work and we make a bunch of money or they will not in which case set your stop below X.

Yorum:

Gartley dooooin its thing! Target is $172 which is the 78.6 of the high(15th Jan) which will actually be a Gartley to the down side. A is 61.8 of the high(15th Jan).

In case that doesnt make sense. draw a fib from high(15th Jan) to low (17th jan) and you will see the 61.8 C and the soon to be D at $172

Yorum:

this BAT "worked" in that it took out A so you can say that this was a successful Bat pattern. interesting thing now is price is heading up to 78.6 of a much bigger pattern. will post a separate idea on that.

İşlem kapandı: hedefe ulaştı:

pattern worked perfectly. A was taken out 30th Jan before price fell off again.