Bull Flag + Valid Bat at structure
Price has recently broken and close above the ascending triangle with a rising trendline from the lows of August 7 being respected.
It is making now a nice looking bull flag with clear defined channel price action, and in a lower time frame we can see a valid Bat pattern.
I'm waiting for price to come to the breakout level and retest that resistance that now should become support and the .886 retracement for valid bat entry.
Keep it simple, and focus on the process
Twitter: @JeanC680
Jean
It is making now a nice looking bull flag with clear defined channel price action, and in a lower time frame we can see a valid Bat pattern.
I'm waiting for price to come to the breakout level and retest that resistance that now should become support and the .886 retracement for valid bat entry.
Keep it simple, and focus on the process
Twitter: @JeanC680
Jean
Anulowano zlecenie:
My bat pattern as reason to enter is no longer valid for me.