This seems like a good R/R area to long/buy as we have a bullish bat pattern on the 4 HR and a falling which it's attempting to break out of. However, the BAT pattern can extend to the 1.13 fib (green line) to form an Alt Bat pattern so a tight SL is crucial here.
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
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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.