196 5 3
Could be nearing a buy point. I prefer to wait for a pattern set-up.
Hey thanks for the post, would you also look to the Bat preceding the AB=CD for a higher probability set up??

It's possible, but the AB=CD 1.272 usually associated with the BAT is far away from the .886 XA.
What would you look for to execute at the 1.272 small candles hopefully indicating indecision?
If you see big candles, would you wait for the .886 XA??
Personally, I'm not sure I would try this long until I see a pattern. Most plays, I prefer a bullish pattern, rather than buying support. VALE is one of the only things I buy at weakness, because strength doesn't last too long on that one.
Sorry what is "VALE"?
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