Description
⋅ Entry on a retest to Strike Zone. At .886 Retracement.
Target 1 at the .382 Retracement of A-D Leg.
Target 2 at the .618 Retracement of A-D Leg.
Target 3 at Previous Structure. (X-Leg)
Stop Loss at the 1.13 Inversion of X-A Leg.
Confluences:
Major Stucture S/R
- Horizontal Support
- Whole # (89.000)
- Supply Zone. (H4)
Harmonic Pattern
- Advanced Bearish Bat Pattern
Price Action
- Trendline Resistance
Fibonacci
- Higher Time Frame Confirmation (.886)
- Ratio Confirmation (1.618)
Price Rejection
- Pin Bar Reversal Candlestick Pattern (H4)
- Engulfing Reversal Candlestick Pattern (H1)
Strength & Volatility
- RSI Divergence (H4)
- RSI Overbought (H1)
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