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gulz
Mar 22, 2017 6:45 PM

POTENTIAL BULLISH BAT SETUP on 1hour Chart Long

GLENMARK PHARMNSE

Description

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.

Comment

All set for bulls to join the party

Comment

Glenmark on the move in early trade

Trade active

Trade closed: stop reached

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