Bullish Bat Pattern with S/R Flip, Confluence in 2hr TimeFrame
Trade Setup:
Entry: 2.350
Target: 2.844
Stop Loss: 2.1024
Risk-Reward Ratio (RR): 2.45
Key Confluences:
Bullish Bat Pattern: Strong harmonic pattern indicating a potential reversal.
S/R Flip: Price is retesting a significant support-turned-resistance zone as support.
Trendline Support: Clear trendline providing dynamic support to price action.
Demand Zone Price Action: Buyers stepping in, as evidenced by bullish candles in the zone.
Disclaimer:
Lower timeframes (e.g., 2-hour) may not hold as strongly as higher timeframes due to market prioritization. Please ensure your risk management is robust, as markets are inherently uncertain. This analysis is for educational purposes and not financial advice.
Entry: 2.350
Target: 2.844
Stop Loss: 2.1024
Risk-Reward Ratio (RR): 2.45
Key Confluences:
Bullish Bat Pattern: Strong harmonic pattern indicating a potential reversal.
S/R Flip: Price is retesting a significant support-turned-resistance zone as support.
Trendline Support: Clear trendline providing dynamic support to price action.
Demand Zone Price Action: Buyers stepping in, as evidenced by bullish candles in the zone.
Disclaimer:
Lower timeframes (e.g., 2-hour) may not hold as strongly as higher timeframes due to market prioritization. Please ensure your risk management is robust, as markets are inherently uncertain. This analysis is for educational purposes and not financial advice.
Dagangan ditutup: hentian tercapai
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.