Bullish Bat & GARTLEY strong potential reversal zone
VERTICAL DOTTED LINE is Ultra high volume down bars - trap of Smart Money
Higher volume-Professionals are buying into the public selling
Earlier Bat Pattern given good reaction on Type1 entry i.e REACTION & Hit TARGETS
now price is again in PRZ Zone of Pattern Therefore it becomes a TYPE2 Entry which is REVERSAL
Within 3-5 price bars need the confirmation from a Bullish CANDLE with RSI ABOVE 30
POTENTIAL BUY
VERTICAL DOTTED LINE is Ultra high volume down bars - trap of Smart Money
Higher volume-Professionals are buying into the public selling
Earlier Bat Pattern given good reaction on Type1 entry i.e REACTION & Hit TARGETS
now price is again in PRZ Zone of Pattern Therefore it becomes a TYPE2 Entry which is REVERSAL
Within 3-5 price bars need the confirmation from a Bullish CANDLE with RSI ABOVE 30
POTENTIAL BUY
Note
valid buy
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.