We have the completion of a bat pattern within a converging triangle pattern . There are doji formed right on the support line and a long lower wick touching the 0.886 fib level showing buying pressure. We also have stochastic in oversold conditions looking like it's about to head upwards. Target set at 0.382 fib level.
Trade closed: stop reached:
Stop loss reached, pattern broke out of triangle formation to the downside.