Squeeze and Bat

11 Mar 2014

Responded again at the weekly demand zone, exactly at the EMA 55 area, i.e. still big orders there to make the swing. A A volatily squeeze is in motion, as BB'S entered the KC'S - one of the many tricks learned from fibline - and this usually leads to big moves as volatility finds a way out. To which way? Possible bearish bat hints that big move might be upwards. Be cautious though, as some times by the time every one is convinced about the direction and touches the upper BB, returns violently to the other side.

Best of luck to everyone
p.s. Not an expert in any way in harmonics and animals. If anyone can comment about the animal (possible crab too?) pls do guys