BAT ANALYSIS (8H)
From the point where we placed the red arrow on the chart, the correction of BAT has started.
It looks like a correction of a triangle.
The green area is the right place to finish the C wave of this triangle. We are looking for buy/long positions in the green range.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
It looks like a correction of a triangle.
The green area is the right place to finish the C wave of this triangle. We are looking for buy/long positions in the green range.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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