Channeling action + Advance pattern

Price is currently in a channel to the downside, if price keeps falling and reach the down trendline it's going to create a valid bullish bat formation, I like the structure around the entry level and also the respected channel trendline.

If it completes, I will place my stop below previous structure S/R and try to ride the price to the upper channel trendline.

Good luck.

Keep it simple, and focus on the process

Twitter: @JeanC680
Jean

Order cancelled:

Order filled overnight

Trade active:

Trade active, not cancelled. Wrong last update

Trade closed: stop reached