A bearish bat with my favorite ascending triangle can be a bit tricky for the decision making for this setup.
I will wait and see how the market react at the blue trendline, a break and close below the blue trendline will make the ascending triangle invalid, however, if the market didn't break and close below the bullish trendline(blue) I will unlikely let place a sell limit to short for the bearish bat.
When 1 have multiple trading strategies is important to have an objective view in the setup.
I will wait and see how the market react at the blue trendline, a break and close below the blue trendline will make the ascending triangle invalid, however, if the market didn't break and close below the bullish trendline(blue) I will unlikely let place a sell limit to short for the bearish bat.
When 1 have multiple trading strategies is important to have an objective view in the setup.
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