The Bearish Bat it's forming over the consolidation trend that we can see here.
Here i believe the price it's going to test the last top and doing that it's also going to complete the Bat pattern
and test the PRZ and after that we just have to wait for clear signals so we can trade it, that's what I believe!
Rules:
1. Harmonic Pattern Completion - Waiting;
2. PRZ Hit - Waiting;
3. PRZ Test - Waiting;
4. Terminal Bar - Waiting;
5. Type-1 Reaction - Waiting;
6. Type-2 Reversal - Waiting;
7. Candlestick Reversal Sign - Waiting;
8. Candlestick Confirmation Sign -Waiting;
9. RSI Reversal Sign - Waiting;
10. RSI Confirmation Sign -Waiting;
11.Risk Management - Applied;
12. Risk / Reward - 1/3
"For havesatiated the weary sould, and
every sorrowful soul have I replenished."
Jeremiah 31:25
Here i believe the price it's going to test the last top and doing that it's also going to complete the Bat pattern
and test the PRZ and after that we just have to wait for clear signals so we can trade it, that's what I believe!
Rules:
1. Harmonic Pattern Completion - Waiting;
2. PRZ Hit - Waiting;
3. PRZ Test - Waiting;
4. Terminal Bar - Waiting;
5. Type-1 Reaction - Waiting;
6. Type-2 Reversal - Waiting;
7. Candlestick Reversal Sign - Waiting;
8. Candlestick Confirmation Sign -Waiting;
9. RSI Reversal Sign - Waiting;
10. RSI Confirmation Sign -Waiting;
11.Risk Management - Applied;
12. Risk / Reward - 1/3
"For havesatiated the weary sould, and
every sorrowful soul have I replenished."
Jeremiah 31:25