BEL, The Bearish Bat Pattern with Reversal 111 nearby.
The Bearish Bat Pattern:
A B point that is less than a 0.618 retracement, preferably a 0.50 or 0.382 of the XA leg. In addition, these structures are excellent trading opportunities when they form at distinct levels of resistance.
A B point that is less than a 0.618 retracement, preferably a 0.50 or 0.382 of the XA leg. In addition, these structures are excellent trading opportunities when they form at distinct levels of resistance.
- Resistance 109-112 For targets 97 & support.
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