Bat@0.886XA and Extended ABCD

19 thg 8, 2022

These are beautiful Harmonic Patterns, the Bullish Bat@0.886XA and the famous Extended ABCD(AB=CD) Pattern, there are both complete and the price it's now in the PRZ, ad that's the time I believe it will start the test of the PRZ and it will bounce just a little bit there, and sunday market open will show to us what really will happen with that.
That being said let's go to the setup rules:

Setup Rules:
1. Harmonic Patterns Completion ( Bullish Bat@0.886XA and ABCD) - 100% Complete ;
2. PRZ Hit - Done;
3. PRZ Test - In the process;
4. Candlestick Reversal Sign - Waiting;
5. Candlestick Confirmation Sign -Waiting;
6. RSI Reversal Sign - Waiting;
7. RSI Confirmation Sign -Waiting;
8. Type-1 Reaction - Done;
9. Type-2 Reversal - Waiting;
10. Risk Management - Applied;
11. Risk / Reward - 1/3.