TradingView
RS3175
12 Sep 2023 pukul 13.00

Bat and Crab on CI 

The Cigna GroupNYSE

Huraian

Bearish Bat on CI

You can ride the journey on CD as the final leg of the bearish bat pattern completes.

TP1: 88.6 % of XA when the bearish bat pattern is complete.

If trend turns bearish at that point, CI can be shorted all the way down to 38.2% of AD and then to 61.8% of AD.

If the uptrend continues ie. beyond TP1, the pattern will then be a crab pattern. You can then ride the extended CD journey upwards. In this case TP2 = 161% of XA.
Lebih