AU Bat Pattern Short

Bat pattern forming on AU

Bat pattern is
AB into a .5 retracement
BC into a .786 retracement
CD into an 886 retracement giving us a good shorting oppurtunity with small risk and a great return

Bat also complete at a pretty large structure level which gives us a good spot to place our stops above the X leg of the move (74.900s)

First targets into the .382 retracement then second targets are into the .618

Plan your trade trade your plan!

Kommentera:

Sorry I might've been typing too fast but for a Bat its
XA .5
AB .786
BC .886

Short at the .886 of the XA leg!