POTENTIAL BULLISH BAT SETUP on 1hour Chart
Updated
On the GLENMARK PHARMA, 1 hour chart we have a potential long opportunity at the D leg completion of bullish Bat setup.
The price reversal zone on this pair is between 876 & 833
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed below X leg structure resistance .
Target 1 - 913
Target 2 - 937
Trade with Care
Gulz.
The price reversal zone on this pair is between 876 & 833
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed below X leg structure resistance .
Target 1 - 913
Target 2 - 937
Trade with Care
Gulz.
Note
All set for bulls to join the partyNote
Glenmark on the move in early tradeTrade active
Trade closed: stop reached
Disclaimer
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.