These ab=cd's do have a tight confluence
with all three point d @ 1.4470/80
within a large support zone from the daily chart.
However, a to b ratios of the smaller degree
don't really add confidence and a large support
zone requires larger stops
Chart #2
Shows measured moves of equal length
This points to a buy zone @ 1.4400/50
Closer to the bottom of the Daily support zone
www.tradingview.com/e/0XbSHAe4/
Chart #3
Several traders have discussed the Bat pattern
and that brought the internal 3 drive to my attention
for another long possibility @ 1.4420 which does
add to the strength of the measured move entry.
www.tradingview.com/e/rmBayXwa/
OR
The final chance is the Bat @ 1.4250 or so.
Huh !!! Thinking if I'm on the right side . . . ?
Maybe with all these buy zones I should be looking
for shorting the trend continuation ???
with all three point d @ 1.4470/80
within a large support zone from the daily chart.
However, a to b ratios of the smaller degree
don't really add confidence and a large support
zone requires larger stops
Chart #2
Shows measured moves of equal length
This points to a buy zone @ 1.4400/50
Closer to the bottom of the Daily support zone
www.tradingview.com/e/0XbSHAe4/
Chart #3
Several traders have discussed the Bat pattern
and that brought the internal 3 drive to my attention
for another long possibility @ 1.4420 which does
add to the strength of the measured move entry.
www.tradingview.com/e/rmBayXwa/
OR
The final chance is the Bat @ 1.4250 or so.
Huh !!! Thinking if I'm on the right side . . . ?
Maybe with all these buy zones I should be looking
for shorting the trend continuation ???