Possible Bullish Bat Forming

14 Nis 2020

Breakout imminent.

14 Nis 2020

Yorum

14 Nis 2020

Yorum

Or rather a butterfly?
Note the reverse hammer fakeout with the bears then firmly taking control. Adjusted moving average tracing the revised triangle. New projected breakout looks to coincide with a pivot out of oversold territory.

15 Nis 2020

İşlem aktif

Price was a bit off but timeframe coincides with first break above the moving average after many hammer candles. Down but support is holding for now

16 Nis 2020

Yorum

Tentative confirmation, four bars fully above average