When: Late August
- Both Squares are aligned at the same point (Strong indicator!).
- /Bat is completed? It's a mix between those two I think.
- line is also aligned with the last bottom.
I'll will try to find out where the exact target will be later on.
Make sure you do a stop loss on this one!
This idea are now getting a bit critical. My strategy is to make sure it doesn't leave the arc at the bottom. This is also a great entry for a long position. Make sure to do a stop loss not that far beyond the outer arc in that case.
The last support is the trendline, but it doesn't look good at all!