A possible bat pattern seems to be forming with RSI declining as well.
R:R at 1.08 (TP1) and 1.8 (TP2).
I will update if pattern completes.
R:R at 1.08 (TP1) and 1.8 (TP2).
I will update if pattern completes.
Trade closed: target reached:
Hey guys, I re-drew the bat pattern as I felt the X-leg should be lower.
Please use the below screenshot for updated reference.
TP and SL has been adjusted, TP1 has hit.
Do close one of your positions and lock in the profits first.
Please use the below screenshot for updated reference.
TP and SL has been adjusted, TP1 has hit.
Do close one of your positions and lock in the profits first.
Trade closed: target reached:
TP2 hit.