Long on Bullish Bat and Potential Bearish Butterfly
long based on the completion of Bullish Bat and potential Bearish Butterfly. Butterfly has good confluence of fib ratios at the D. Usually on such confluence the price reverse exactly at the completion of pattern.
Update: 2/2/15: Not valid any more . it gave profit only upto 38fib ratio
Update: 2/2/15: Not valid any more . it gave profit only upto 38fib ratio
I am a Chart Slave.Thank you TradingView and @nmike.
