We are currently approaching this Bat with nice ratio confluence at the 886. further we have a 3 wave downward channel inside the CD leg. as long as we dont violate the channel to the upside before we get the fill at the 886 i would think that this is a pretty strong setup.
Ofc it will lose massivly in strengh if we get some bigger relief above the upper dashed line before we get down to the 886. so if that happens i will probably cancel my orders. but i dont think thats likly goin to happen.
this setup will also be my watchlist setup for lowertimeframe stuff in long direction if we get there, but one thing at a time