Reason to entry:
-Butterfly Pattern and bat pattern completion lineup each other
-fib confluence
-near oversold RSI
Entry:
-127.2% Butterfly’s completion
-161.8% Butterfly’s completion / bat completion
Exit:
-38.2% retracement of butterfly
-61.8% retracement of butterfly
-38.2% retracement of bat
Void if:
-Failed pattern
-if price goes lower to triangle support area, best place to re-entry
Remember that market always right!
Manage your trade well!
-Butterfly Pattern and bat pattern completion lineup each other
-fib confluence
-near oversold RSI
Entry:
-127.2% Butterfly’s completion
-161.8% Butterfly’s completion / bat completion
Exit:
-38.2% retracement of butterfly
-61.8% retracement of butterfly
-38.2% retracement of bat
Void if:
-Failed pattern
-if price goes lower to triangle support area, best place to re-entry
Remember that market always right!
Manage your trade well!