A bat pattern is near completion. Wait for all the levels to be tested. Execute only if priceaction shows the reversal.
코멘트:
now the pattern is completed
코멘트:
As price broke the support of 0.886XA next potential revesal zone is lower, at 1.13XA. The pattern evolves into an alternative bat.
코멘트:
Now the alternative bat is complete as price tested all the levels of the Potential Reversal Zone. Wait for a reversal to start before execution.
코멘트:
although, we have a number of indicision (small bodies) candles in the PRZ there is no reversal yet. Price should install an bull bar to demonstrate that reversal starts and another bull bar to confirm the reversal. The second bar has to have a higher high, higher low and a higher close. Ideally if the second bar closes above the first bar's high. Until we get this reversal+follow through no actions should be taken.
액티브 트레이드:
now the revesal started.
매매 수동청산:
A bear trend bar close below the primary trendline. Another bear bar confirms the breakout. It is obvious that the price is not moving to the upside as it was anticipated. That's why I close my position with a small loss.