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ggekkotrader
Sep 11, 2020 5:12 AM

DAX30 - BEARISH BAT PATTERN Short

Germany 30OANDA

Description

A little late the party, but recent retracement offers an opportunity to jump on board

I am seeing a bearish bat pattern. Unfortunately, it didn't quite penetrate PRZ, just tickled the lower boundary of it, so I can't eliminate a possibility of another leg up into PRZ.
But I can only go by what is in front of me.

BEARISH BAT PATTERN
PRZ = 13384.1 - 13271.0

1.00ABC = 13271.0
0.886XA = 13382.3
1.618BC = 13351.3
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