Short aggressively with a bias of point of validity with 1:2 RR

Here on the HR 4. We got a potential short opportunity with a short Bias that there could be a potential Bull Bat pattern formation and a confluence of a deep crab with a Deep Crab Point of Validity (yellow line) by which it is our A point of the Bull deep Crab that will complete at the 161.8 Fib AX extension.. And take note that there is a Bear Cypher Pattern Completion on the C point of our potential Bull Deep Crab. Completion of Bull Deep Crab is confluent with our Bat Pattern completion. Its a good opportunity to short the market with atleast 1:2 RR as we have the bias. Automatically Stops would be above our yellow line. If it breaks, the bull Deep Crab will be invalidated hence stopping us out on this good potential trade.

コメント:

By the way this the Cypher Pattern (bear) that i was talking about. Best seen on the hr 1 or 15 mins tf.

コメント:

If you have taken the Bear Cypher pattern. TP 1 and TP 2 is already reached.

コメント:

Take note that the bull bat pattern setup is already invalid.

コメント:

Not the bull bat. The potential Bull deep crab pattern. But as for the Bull Bat it is still calid. currently price is near at a resistance. Where we could tell that the previous highest would be our A point of our potential Bull bat pattern.