For the Emaciated bulls-BAT brings you presents!
Updated
enough said in the diagram....
Just note this is all happening on a descending triangle frame work which is the longer term structure, so the bat structure may have com truncation due to the triangle effect....A challenge to time right..!
Disclaimer... Not a trading advice!
Just note this is all happening on a descending triangle frame work which is the longer term structure, so the bat structure may have com truncation due to the triangle effect....A challenge to time right..!
Disclaimer... Not a trading advice!
Note
NOTE.....the higher levels determined by the bat may be rejected by the triangles' trend line n may reverse before the prz limit, as the triangle is a much dominant longer term structure...
Note
its a weaker bat actually with a 0.382 retracement at B point the strongest one is a 0.5
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