W pattern noted.
This is possibly the last leg of a bearish bat but it has only reached the .786 versus the .886 so far.
This pattern may not be complete as there may be a push up to the .886.
Candle of indecision today at the .786 fib level of XA. The impulse wave of this pattern is labeled XA and is to the downside, which often indicates a bearish pattern that is known to reverse when the final leg terminates at D. The final leg has possibly not reached D yet. The alternate bat terminates at the 1.113 which is also a possibility if this passes the .886.
No recommendation/Any pattern can fail.
This is possibly the last leg of a bearish bat but it has only reached the .786 versus the .886 so far.
This pattern may not be complete as there may be a push up to the .886.
Candle of indecision today at the .786 fib level of XA. The impulse wave of this pattern is labeled XA and is to the downside, which often indicates a bearish pattern that is known to reverse when the final leg terminates at D. The final leg has possibly not reached D yet. The alternate bat terminates at the 1.113 which is also a possibility if this passes the .886.
No recommendation/Any pattern can fail.