Potential Bearish Bat, however different PRZ depending on where formation begins ("X").
Blue bat is straight forward. The issue is "B" closes above 50% which makes the bat invalid by my guidelines.
Purple bat meets all requirements. PRZ is around 200 pips higher.
Both PRZs correspond to resistance zones.
Which would you trade?
Blue bat is straight forward. The issue is "B" closes above 50% which makes the bat invalid by my guidelines.
Purple bat meets all requirements. PRZ is around 200 pips higher.
Both PRZs correspond to resistance zones.
Which would you trade?