Bat pattern has completed and reacted, but did not hit TP1.
Notice price has dropped and hit PRZ again, however RSI is rising.
This shows a good probability that the market will react to the bat pattern again.
Furthermore, the PRZ area has been rejected on December, January, April and July.
R:R is 1.1 (TP1) and 2 (TP2).
Notice price has dropped and hit PRZ again, however RSI is rising.
This shows a good probability that the market will react to the bat pattern again.
Furthermore, the PRZ area has been rejected on December, January, April and July.
R:R is 1.1 (TP1) and 2 (TP2).
Trade closed: stop reached