HI All, I wanted to share this potential shorting opportunity
Bearish Bat - Earlier I posted the Bullish Patterns and noted this pattern in the description
Stops entries and Targets as usual
I have placed entry line below the standard 88.6% - but if your rules tell you to maintain standard entry then the 88.6% is 124.216
Minimum Stops at 113% Fib Extension A X
Targets as usual just above the 38.2% and 61.8% from A to D leg - remember to adjust targets on D completion
Good Luck and happy Trading
Bearish Bat - Earlier I posted the Bullish Patterns and noted this pattern in the description
Stops entries and Targets as usual
I have placed entry line below the standard 88.6% - but if your rules tell you to maintain standard entry then the 88.6% is 124.216
Minimum Stops at 113% Fib Extension A X
Targets as usual just above the 38.2% and 61.8% from A to D leg - remember to adjust targets on D completion
Good Luck and happy Trading