Here is a PROJECTION of a Bullish Bat Pattern that I think is forming. All trade info on chart and also below.
*Please Note: I am new to sharing these ideas and charts, so if this is helpful, please Like & Comment and I'll continue to share the ones I find.
Trade Entry, Targets, & Stop:
Entry: 129.864 (88.6% Retracement of "XA" Leg)
Stop Loss = 129.511 (113% Extension of "AX" Leg)
Target 1 = 130.353 (38.2% Retracement of "AD" Leg)
Target 2 = 130.656 (61.8% Retracement of "AD" Leg)
Manage Trade = Take out half of position when Target 1 is achieved, move Stop Loss to Break Even, and let remainder run to next target.
*Please Note: I am new to sharing these ideas and charts, so if this is helpful, please Like & Comment and I'll continue to share the ones I find.
Trade Entry, Targets, & Stop:
Entry: 129.864 (88.6% Retracement of "XA" Leg)
Stop Loss = 129.511 (113% Extension of "AX" Leg)
Target 1 = 130.353 (38.2% Retracement of "AD" Leg)
Target 2 = 130.656 (61.8% Retracement of "AD" Leg)
Manage Trade = Take out half of position when Target 1 is achieved, move Stop Loss to Break Even, and let remainder run to next target.