US DOLLAR , DAILY CHART RANGE, THIS POTENTIAL ALTERNATE BAT SELL PATTERN IN THE US DOOLAR EXEMPLIFIES THE STRUCTURE OF THE PATTERN, THIS IS A CASE WHERE THE EXTREME BC PROJECTION EFFECTIVELY COMPLEMENTES THE 1.13 XA EXTENSION TO DEFINE THE PRECISE AREA FOR THE PATTERN COMPLETION AND EVENTUAL REVERSAL, BOTH EXTENSIONS DEFINE THE 95.87-95.97 AREA AS AN EXECLLENT SHORT TERM SELLING OPPORTUNITY
BUT NOTE: THE 0.886 RETRACEMENT AT 94.65 SERVES AS A MINIMUM REQUIREMENT FOR THIS PATTERN TO BE VALID
BAMM TRIGGER: BAMM IS ABBERVIATION FOR BAT ACTION MAGNET MOVE, ITS A UNIQUE TRADING STRATEGY, BAMM STARTS WHEN PRICE ACTION EXCEEDS THE B POINT IN A BREAKOUT MOVE. THE SEGMENT OF THE CD LEG TYPICALLY EXTENDS TOWARD THE 0.886 RETRACEMENT, IN OUR CASE , MAY EXTEND FURTHER THAT, MAY TO 1.13 XA.HERE U CAN GET LONG, WEN THE INDEX RALLIES ABOVE 90.89 THE PRICE ACTION TRIGGERED THE BAMM UNTIL THE BAT COMPLETION AT 94.65 OR EDXTENDS TOWARD 95.87-95.97 AREA AS A BEARISH ALTERNATE BAT
EVENTUALLY, NOT ALL PRICE ACTION RALLIES STRAIGHT TO THE COMPLETION POINT OF THE PATTERN, IF NOT, IT IS BEST TO PLACE STOP LOSS BELOW 88.15
