Personally, i would like to see a bullish pattern completion first, which is the bull deep gartley. As price would stay above the red dotted line. A potential Bear pattern is still valid, So we could go long extending target to another pattern completion of bear bat to go short.
Trade setups:
LONG - Bull Deep Gartley Pattern
Entry: 80.56
SL: 80.18 (37 pips)
TP1: 81.12 (57 pips)
TP2: 81.47 (91 pips)
TP3: 82.03 - 83.36 (148 pips - 280 pips)
SHORT - Bear Bat Pattern
Entry: 83.36
SL: 84.10 (74 pips)
TP1: 82.24 (113 pips)
TP2: 81.55 (180 pips)
TP3: A point of the bear bat (293 pips)
Trade setups:
LONG - Bull Deep Gartley Pattern
Entry: 80.56
SL: 80.18 (37 pips)
TP1: 81.12 (57 pips)
TP2: 81.47 (91 pips)
TP3: 82.03 - 83.36 (148 pips - 280 pips)
SHORT - Bear Bat Pattern
Entry: 83.36
SL: 84.10 (74 pips)
TP1: 82.24 (113 pips)
TP2: 81.55 (180 pips)
TP3: A point of the bear bat (293 pips)
הערה:
take note of this too. A pending buy stop can be apply.
הערה:
We still have a valid Deep Gartley.
עסקה סגורה: היעד הושג
עסקה פעילה:
On the Bear Bat.
עסקה סגורה: היעד הושג:
If you have taken the Bear Bat you have already taken the TP 1 and TP 2.