Watching this very closely, 2 forth coming patterns in progress
i am watching these 2 patters
a). Potential abcd in Red
b) Potential bearish Bat in green
c). both will be finishing at a good resistance area
d). expecting double confluence of fib ext at D of abcd , which is also very close to D of bat
e). very itchy fingers wanna catch the CD leg of these patterns.(maybe US session)
Lets see how it turns. up
Trade: will take the trade at D..ofcourse based on the PA in that area. if the price goes below blue trendline or last week low ,both these patterns will be invalid
a). Potential abcd in Red
b) Potential bearish Bat in green
c). both will be finishing at a good resistance area
d). expecting double confluence of fib ext at D of abcd , which is also very close to D of bat
e). very itchy fingers wanna catch the CD leg of these patterns.(maybe US session)
Lets see how it turns. up
Trade: will take the trade at D..ofcourse based on the PA in that area. if the price goes below blue trendline or last week low ,both these patterns will be invalid
I am a Chart Slave.Thank you TradingView and @nmike.
