$BAT, Lower Low Retest…

22 באוג׳ 2018

Weekly
Looking at our trend teimfraem we see price is looking to form a higher lower on the weekly candle, stochastic rsi showing momentum is getting close to bottoming out. A weekly close above 3500 and we should see a push towards 4500, however if rejected this level we should be seeing a sell off off towards 2500.


Daily
Shifting over to our pattern timeframe we see price respecting our bearish parallel channel, stochastic rsi showing momentum in favor if bulls with no signs fi slowing down