Unveiling the Gems

Sideway patterns, often labeled as losers or deemed non-tradable periods by some, invite differing opinions and perceptions. It ultimately rests upon the individual trader to discern their potential. As for me, I perceive them as a treasure trove of trading opportunities waiting to be explored. Why, you may ask? It's quite simple - all I need to do is sell at the high, known as resistance, or buy at the low, known as support.

However, before plunging into these trades, I exercise caution and adhere to a meticulous approach. My aim is to ensure that my final target yields a profit factor of at least 2, and that a minimum profit potential of 50 pips awaits me before I engage in any trade.

On the right, a fascinating Bearish Bat Pattern is currently unfolding, tantalizingly close to completion at 0.6361. Meanwhile, on the left, the support and resistance trade strategy beckons with its own allure.

Now, the question arises: Which of these enticing trading setups resonates with you? Join me as we explore the path less traveled and unlock the potential hidden within these captivating patterns.
askforex100BatBearish BatcountertrendHarmonic PatternsNZDUSDresistancelevelsupportSupport and Resistance

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