For this edge, we have a strong uptrend that I've been made its ups and downs over the process, and I believe this pattern is going to work as a retracement and then the price will continue to the upside,.
We have here a top waiting to be tested, and that is in parallel with the PRZ of the Bat.
Rules:
1. Harmonic Pattern Completion ()Bat@0.886XA) - Waiting;
2. PRZ Hit - Waiting;
3. PRZ Test - Waiting;
4. Candlestick Reversal Sign - Waiting;
5. Candlestick Confirmation Sign - Waiting;
6. Risk Management - Applied;
7. Risk /Reward - 1/3;
" The Market is your friend. "
Mark Douglas In Trading In The Zone
We have here a top waiting to be tested, and that is in parallel with the PRZ of the Bat.
Rules:
1. Harmonic Pattern Completion ()Bat@0.886XA) - Waiting;
2. PRZ Hit - Waiting;
3. PRZ Test - Waiting;
4. Candlestick Reversal Sign - Waiting;
5. Candlestick Confirmation Sign - Waiting;
6. Risk Management - Applied;
7. Risk /Reward - 1/3;
" The Market is your friend. "
Mark Douglas In Trading In The Zone