I will only watch how this unfolds as 'when in doubt just stay out' rule applies here.
I am doubtful about how I have drawn the trend line.
But if my trend line is acceptable then a sell limit order of X2A Fib Retracement of .886 @ 2.08646 of this BAT comes near the trend line which may act as resistance again & it may reverse.
Similarly if my trend line is not acceptable then we have one less strong reason for entry for this bearish bat.
This idea will be a lesson and be in one of my lab tests and a journal for future.
Please free to comment so that I can gain your insight on this idea & improve my skills as well as rectify my mistakes.
I am doubtful about how I have drawn the trend line.
But if my trend line is acceptable then a sell limit order of X2A Fib Retracement of .886 @ 2.08646 of this BAT comes near the trend line which may act as resistance again & it may reverse.
Similarly if my trend line is not acceptable then we have one less strong reason for entry for this bearish bat.
This idea will be a lesson and be in one of my lab tests and a journal for future.
Please free to comment so that I can gain your insight on this idea & improve my skills as well as rectify my mistakes.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.