Here we have 2 more POTENTIAL patterns that can be used as entry points for the SHORT trade: a and a . Both would be trend continuation patterns as well.
As of this posting time, the is very near to being completed with prices only pips away from its' D point. But not far from the bat's D point overhead lies a pattern's D point completion. Completion of the would invalidate the bat. But for the purposes of entering a SHORT trade for the possible down trend towards the crab's D point, either one would present a good entry.
I present both of these patterns as triggers for the crab's CD leg SHORT trade and that is what I'm using these for. Not for a quick 15M trade. Although you could do that as well. I would prefer the completion and not the bat because as you see, the also completes near a minor SR structure as well as near the .618 retrace of the current down trend. However, because the bat completes before the B point which is itself a minor structure level and the 50% retrace, I will enter SHORT there instead of the since the isn't that much farther away. But you can decide based on your own risk tolerance and trading plan.
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