(free education)
notice how the chart markup gives you a clear indication of what is happening. Even though we are in a downtrend this harmonic pattern needs a correction. The first tp level of this bat pattern is at the level of resistance in which has not been retested yet. There is where my target take profits are set. We could go to the up side of this area, let the market show you what it is going to do.
notice how the chart markup gives you a clear indication of what is happening. Even though we are in a downtrend this harmonic pattern needs a correction. The first tp level of this bat pattern is at the level of resistance in which has not been retested yet. There is where my target take profits are set. We could go to the up side of this area, let the market show you what it is going to do.