NRT Weekly Chart
Following up on earlier post, Target 1 is hit...
Typically bat patterns hit 38% and 61% targets which are shown on the chart, so far we have only hit 50% and formed a pin bar
The 61% target 2 aligns with a daily gap which makes it a natural target as chart traders do not like gaps... and tend to fill them over time
On the daily chart there are gaps both above and below the current price, give the weekly pin bar its entirely possible to see a medium term dip into the gap zones... followed by another push higher to close the 61% target 2 and gap close which would be a good place to exit
No specific setup for me at present....
Following up on earlier post, Target 1 is hit...
Typically bat patterns hit 38% and 61% targets which are shown on the chart, so far we have only hit 50% and formed a pin bar
The 61% target 2 aligns with a daily gap which makes it a natural target as chart traders do not like gaps... and tend to fill them over time
On the daily chart there are gaps both above and below the current price, give the weekly pin bar its entirely possible to see a medium term dip into the gap zones... followed by another push higher to close the 61% target 2 and gap close which would be a good place to exit
No specific setup for me at present....
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。