We are looking for this bat pattern to complete down at 0.9458 for entry. IF it completes, stops will go below 0.9423 MINIMUM.
As you can see, the previous structure level looking left has been tested 5 times recently so there is a higher probability of this pattern rallying at this level.
Those who trade patterns conservatively could even wait for a spike below the entry point to get an even better R:R but the R:R is pretty good on this pattern as it is.
Lets hope it completes.
As you can see, the previous structure level looking left has been tested 5 times recently so there is a higher probability of this pattern rallying at this level.
Those who trade patterns conservatively could even wait for a spike below the entry point to get an even better R:R but the R:R is pretty good on this pattern as it is.
Lets hope it completes.