Very interesting bullish SHARK pattern on BATBC
BAT completed bullish Shark pattern. The Potential Reversal Zone consist of XA projection at 1.13 and BC projection at 1.618. Currently Price Action testing at the second time the bottom and there is potential double bottom forming. Key resistance zone before touch of Point Of Controll at 4205 sats. is between 2948 and 3163 sats.
It can be now perfect opportunity for trade execution. Buy some BAT, place stoploss below the green support and watch the Price Action carefully when it hit the key resistance zone - there can be first target, but it has much bigger potential when bulls break-out this resistance. Other target zones are on the chart.
Good luck!
It can be now perfect opportunity for trade execution. Buy some BAT, place stoploss below the green support and watch the Price Action carefully when it hit the key resistance zone - there can be first target, but it has much bigger potential when bulls break-out this resistance. Other target zones are on the chart.
Good luck!