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tsaivu
Apr 22, 2015 4:45 AM

Bat pattern on AUDUSD H1 Short

Australian Dollar/U.S. DollarFXCM

Description

waiting for complete pattern to enter short position
Comments
TheBlanco951
i think you might want to check your chart one more time. i just took a look for myself and it looks nothing like what you have on here. i see a potential bat pattern forming, but it is not forming from the initial high. it begins to form from the first lower high. the point B barely taps the 50% level. just take a quick look one more time.
tsaivu
you mean X point should be Right shoulder?

I myself sometime ignore first lower high (or higher low) on harmonic pattern.

Anyway, thanks for your comment :)
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