bearish bat pattern $53.50 target needs to close above .382 fib

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looking at ARKK I see a bearish bat pattern forming to $53.50, the 1.618 fib level is at 69 near a gap fill which is another supply zone.. If the market continues upward, I anticipate ARKK to fill the gap and supply zone. Price action needs to close above the .382 fib level... I will update accordingly

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ملاحظة

review of the 2nd bat pattern and supply zone 2

٢٣ سبتمبر ٢٠٢٣

ملاحظة

the original chart was done at a request for someone on TV.. Price action did run to $50's, but weekly chart is screaming stay away.. no position