The potential reversal zone is the zone marketd with 1.618AB, 0.886XA and AB=CD. Look at the rejection we have at the trigger bar. It failed to close beyond the zone. No limit orders in this pattern. Wait for the bar to close. Do not mix Bat pattern and Bat advanced formation.
Note
the potential reversal zone is marked as grey rectangle))Trade closed: target reached
take profit hit. cha-ching
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.