Gartley pattern very close to the second target at 61.8% from AD leg, very close with the point D target for Bat pattern, both right above support price zone;
Now, IF we get point D for the Bat pattern, and IF we get a retracement at 61.8% (2nd target, TP2), we know that the price can forge an AB=CD pattern, with target (pink Point D) synced with previous structure lows from 4th August, and a new opportunity created for an eventual long position;
IF=THEN
Bullish BAT Pattern objective:
Long at D
Point B:
38.2% close below 61.8% XA
Point C:
38.2% AB close below point A
Point D:
88.6% XA
Targets:
TP1 38.2% AD
TP2 61.8% AD
_______________
Notes and targets on chart;
Safe trades;
open.spotify.com/tra...4T1md5Xxs5mfLM3YRG0P
Now, IF we get point D for the Bat pattern, and IF we get a retracement at 61.8% (2nd target, TP2), we know that the price can forge an AB=CD pattern, with target (pink Point D) synced with previous structure lows from 4th August, and a new opportunity created for an eventual long position;
IF=THEN
Bullish BAT Pattern objective:
Long at D
Point B:
38.2% close below 61.8% XA
Point C:
38.2% AB close below point A
Point D:
88.6% XA
Targets:
TP1 38.2% AD
TP2 61.8% AD
_______________
Notes and targets on chart;
Safe trades;
open.spotify.com/tra...4T1md5Xxs5mfLM3YRG0P