Hey mates, we have a bat advanced formation on audcad. Nete the b-point 'cause it is very close to 0.618XA. Harmonic traders would call it a Gartley, but advanced patterns are very strict. it it doesn't touch 0.618XA it is a bat. Check the comments. I attach a screenshot from my platform with entries stops and targets. Cheers.
This is a successful pattrn.A sell limit little below the D leg would have triggered the trade
Alexander_Nikitin
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@amilajayawi, yup. but it was what it was. no trade here.
jaffd12
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Hello Alex, this is a possible Double Bottom pattern with a possibility of becoming an inverted head and shoulders pattern (Triple bottom pattern). In either case when breaking above the neckline will go above your planned D point.
Good luck with the trade. I hope it goes well for you.
Mishka1
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Hi Alex, where can you find Entry SL and TP details?
Alexander_Nikitin
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@Mishka1, click on the link in the above comment:)