laledalma

laledalma

Series of lower highs and relatively equal lows are forming the descending triangle Great risk/reward Looks like a good time to go Long

laledalma

Criteria Bearish Bat 1. B retracement 38.2% of XA leg. 2. C retracement 88.6% of AB leg. 3. if C=88.6% retracement of AB leg ==> CD should be 261.8% extension of BC. leg. 4. D should be 88.6% retracement of XA leg.