We have a Bat pattern and price is coming into the Daily Structure zone. Looking for a conservative entry such as a Double Top to get involved in a SHORT. Then using looking at the Bat Patterns Targets for exit. I would shoot for T2 at support instead of the conventional 0.618 Bat target. Stops a little above 1.13
Long on Web Jet At bottom This is an investment, so wont be selling for a couple of Years, or until hit T1
Just a thought on this. Long if it breaks Bullish Flag
- Bull Flag - hit the 200 EMA - Bullish candle formation - Waiting on candle to complete, then enter. Looks like it will be tomorrows candle.
RSI - hit 20, now looking bullish Candle wicks bullish wtih engulfing T1 only as we looking to SELL at the T1 target level to complete a Head &Shoulders pattern
- Bullish flag - 2 candles showing Bullish trend that could be entries - Hitting the 200 Ema - RSI - N/A - not hit
Looking at the levels , if we break the red we are looking for T1. Overall trend is still bullish.
- Pattern (sort of) - RSI divergence - DT - T1 @ 0.68 even number
Elections , Trade wars , can we push through and make a higher high ?