A Bullish Bat Pattern is completed as market is consolidating right now. We got 4 potential Targets. The extended Target would be a pattern formation which is a bearish Cypher Pattern that we could go short this market.
SL would be just below the X point.
SL would be just below the X point.
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You could put your SL below the X point for X point price + 2 * ATR (15) = SL level.
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TP 1 and TP 2 hit.
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Our D completion of the Bear Cypher is move from .7410 to .7409
Trade stängt: målet nått:
Now we got all setups invalidated. But we hit TP 1 and TP 2.