After we have seen a good crash after the news are could anticipate more of a downtrend coming soon. The bearish bat could complete and could result a good sell off from that point if the market creates a lower high in the bat completion area.
[bUnbreakable Rules 1. Never add to a losing position. 2. Never risk more than 5 percent of your trading capital on any one trade. 3. Always have a protective stop in the market.
Guidelines 1. Never close a trade without a reason. 2. Take responsibility for your trades. 3. Markets that have higher lows are in uptrends. Markets that have lower highs are in downtrends. 4. Always do your analysis prior to the market open]
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.