Bat Pattern Into Large Resistance = Large Stops
Arguably, not even a valid Bat pattern with the B to C
leg less than .382 ratio. The resistance zone of about
100 pips is huge as is the stop zone about 100 pips.
(larger than my psychology can endure)
Maybe the candlesticks will yield an enticing entry, but,
I'll probably not accept unless it happens near the top
of resistance for the lowest risk.
leg less than .382 ratio. The resistance zone of about
100 pips is huge as is the stop zone about 100 pips.
(larger than my psychology can endure)
Maybe the candlesticks will yield an enticing entry, but,
I'll probably not accept unless it happens near the top
of resistance for the lowest risk.