Hi All, potential long opportunity here with a small BAT pattern. If price falls to our entry level and we dont get stopped out before price reversal - I would be looking to extend TP2
If we hit our TP1 we would move our second entry stop to break even. When we have a clear indication of price action continuing upwards and a retest of the structure A Leg we would move our stop to the standard 61.8% TP2 level then shoot for extended targets without losing out on our TP2 level.
As always happy trading lets see if we get an entry on this before price continues upwards.
Happy trading