desember.tan
Short

double bat on audusd

FX:AUDUSD   Australian Dollar/U.S. Dollar
184 3 1
aggresive seller can short now as the blue bat stil valid or might as well wait for the purple bat to complete. think bout the risk first before trade. ;)
no one of that BAT pattern are valid: the red one has B @ .709 (BAT should not exceed .618 fib) and the blue one retraces to .901, while D should be @ .886.
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desember.tan
2 years ago
Thanks for your correction Lorenzo, but base on my survey n backtest, the b leg is stil valid as long as it didn't close above 0.618. And the blue bat, the d leg stil below the x leg. So as I mentioned, it's stil a selling opportunity for aggressive trader.
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LorenzoDecaria PRO desember.tan
2 years ago
thanks for your reply; my comment doesn't mean that the pair is not going to drop. Simply those patterns don't respect the general rules of harmonic trading. Anyway, the pair could fall by the way.
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