ATTENTION this is MY counter-trend trade setup... NOT A CALL, please do not regard as incentive!
Normally, trading against the trend has its consequences...
Targets for BAT pattern:
TP1 38.2% AD
TP2 61.8% AD
SL above previous structure highs;
Extremely Overbought on 4h chart, with an 80/20 configuration, which assures me that we are facing a situation of extreme overbought or oversold... (to then create an entry "case" in lower timeframes);
Overbought on ,above the 80's, i will take a risk based on 4h chart and previous structure, and based on the completed last Friday evening.(Today, the price went slightly higher than expected for this , but stills a nice short opportunity taking it this pattern in consideration).
* find a suitable entry point