DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
SPDR S&P 500, CHESAPEAKE ENERGY CORP, BANK OF AMERICA CORP, GENERAL ELECTRIC COMPANY, POWERSHARES QQQ TRUST, SERIES 1, MICRON TECHNOLOGY INC
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
88.60 will be the target level if it plays out to the down side...
Bat pattern, 1.618 and previous Structure, All in a 14 pips range.
Apart from a low risk BAT pattern, there really is nothing in the zone. I would check PA on lower time frame, around the 88.7 zone, to pinpoint my entry instead of a LIMIT order.
The High Low Structure Flow indicates further trend continuation to the downside. The 1:1 Measured Move, Probably within a deep gartley, seems to be holding so far.
So, we have a BAT Pattern, A Median Line Element, Key Structure, A Direct 1.272, all in the same zone.
Should wait for a structure flow change on the long side in a lower time frame(>=M30) to get an optimized entry with a smaller stop level.
BAT Pattern,Major Structure on Weekly, Median Line Low, All in the same zone.
Another high probability trade with 1:4 risk reward profile.
Another Basic AB=CD play with powerful structure context.
A Textbook Trend Continuation Setup with Excellent Risk-Reward Profile.
High Probability Trade with 1:3 Risk Reward Ratio
Look for a long entry on a shorter time frame.