Bullish Bat as most M patterns are bullish meaning they reverse on the 4th leg which is down.
The first leg is Up. Peak 2 s lower than peak 1.
This did not quite hit the .886 but still very close. News popped this early and there was also a very small gap that acted as support.
Price is at a horizontal resistance level and 2 spinning tops are struggling at this level. Spinning top candles represent indecsion. Price must surpass this level to hit above targets.
No recommendaton
The first leg is Up. Peak 2 s lower than peak 1.
This did not quite hit the .886 but still very close. News popped this early and there was also a very small gap that acted as support.
Price is at a horizontal resistance level and 2 spinning tops are struggling at this level. Spinning top candles represent indecsion. Price must surpass this level to hit above targets.
No recommendaton
I guess everything is not cut and dry and time will tell.