It is quite possible for the market to reach there and to complete the bearish bat, After the break of structure we can assume it will be completing the pattern. Hopefully lets see what happens. It is also called the structure trading and also the Bamm theory by scott.
Unbreakable Rules
1. Never add to a losing position.
2. Never risk more than 10 percent of your trading capital on any one trade.
3. Always have a protective stop in the market.
Guidelines
1. Never close a trade without a reason.
2. Take responsibility for your trades.
3. Markets that have higher lows are in uptrends. Markets that have lower highs are in downtrends.
4. Always do your analysis prior to the market open
Unbreakable Rules
1. Never add to a losing position.
2. Never risk more than 10 percent of your trading capital on any one trade.
3. Always have a protective stop in the market.
Guidelines
1. Never close a trade without a reason.
2. Take responsibility for your trades.
3. Markets that have higher lows are in uptrends. Markets that have lower highs are in downtrends.
4. Always do your analysis prior to the market open
Trade closed: target reached