4 potential trade setups LONG and SHORT
Trading with the 'IFS' ...
Market break and close above the C-R-T long will qualified for a C-R-T long trade opportunity. Market break and close above the 2618 long will qualified for a 2618 long trade opportunity as market gives us a visible and valid D./T. bottom and market is forming an ascending triangle. All long trade opportunities will have a target at my Bear Bat PRZ as there could be an opportunity to short/sell trade depending on future/market action. One in, one out. Trade with care. The bear Bat pattern could still be invalidated as there are still room for the market to make the pattern's B and C point. Caveat
Market break and close above the C-R-T long will qualified for a C-R-T long trade opportunity. Market break and close above the 2618 long will qualified for a 2618 long trade opportunity as market gives us a visible and valid D./T. bottom and market is forming an ascending triangle. All long trade opportunities will have a target at my Bear Bat PRZ as there could be an opportunity to short/sell trade depending on future/market action. One in, one out. Trade with care. The bear Bat pattern could still be invalidated as there are still room for the market to make the pattern's B and C point. Caveat
Comment:
2618 invalidated while CRT long was a winning one. No confirmation for the bear bat pattern. Market giving us a higher high higher close, a signal that market could be bullish now. Nevertheless if market will give us an opportunity to short, we will take the bearish bat setup. Caveat.