Potential bat pattern
is close to being completed on 1 hr
chart. D point completion is not exactly at resistance level
, but it's close to it. We have perfect 88.6 and 161.8 ratio confluence at D point completion. Stop loss placed about 12 pips above the next resistance level
is also approaching the overbought level.
Note: This is NOT an exactly structure based trade, but it's around that level.
To see the next resistance level
, follow the link below:
Trade safe and good luck to all !!