1. I am assuming a potential bat to be form and a potential is valid as well.
2. could be form.
Why i say could be form? Lets look at the chart below,
In this chart shows that buyer failed to break the support resistance twice and so i am assuming a could be form.
Please like if you agree about it.
Agree and disagree comment are welcome in here because buy and sell is always available and time will prove it.
Good luck in trading.
In monthly chart we can see that it is still very bullish until the bat pattern is completely form.
but what i can say is i will wait for a signal to make my entry, as long as it does not break 1.34400 this short term trade is always valid. and if it does not break 1.34600 the bigger potential bat pattern still have a chance to form.
What i post in here is my own idea, i could not control how the market go, but at least i can control my own trade, trading is risky, buy and sell is always available and the only time that can prove it is time. We will just see how it go.
Anyway, thank for the comment and good luck in trading. =)