EUR/AUD - 2618 & Bat Pattern. The Perfect Setup?

FX:EURAUD   Euro / Australian Dollar
EUR/AUD - H4 - 2618 & Bat Pattern

We are looking for a D leg completion of this Bat Pattern for our buy orders to be triggered.
The C leg of this bat pattern didn't exceed A, so in my rules this is still a valid Bat Pattern .

Having now retraced back into the 61.8% Fib level, we can also trade this as a 2618.
Rules Of Engagement 2618
- Double Top
- Break below Neckline / Support
- 61.8% Fibonacci retracement
- Stop loss above double top
- Target 1 at 38.2% Fibonacci
- Target 2 at 61.8% Fibonacci

Good luck.
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Hi Tom ,

I would like to ask a question about bat pattern.
Please correct me if i m wrong. Maybe in your rules it is still valid . it looks like AB leg didnt hit 0,5 retracement of XA. is it still bat pattern?
+1 Reply
TomHall korhancakir
For my rules, i am looking for it to at least hit the .382 but cant exceed the .50
I hope this helps.
thank you
+1 Reply
TomHall korhancakir
Not a problem :-)
Correct me if im wrong but a to c should be 61.8 to 78.6
TomHall jason.barker.5205
Hi Jason,
Everyone has different rules for the ratios when trading advanced patterns.
Personally as long as the C leg does not exceed A in my plan it is still valid.
I am aware some plans have it must not exceed 88.6 or 78.6 but for me personally it must not exceed A.
I hope this helps.
You say you place your targets for the 2618 trade at 2 Fibonacci levels. What is the move or leg you measure the retracements of?
+1 Reply

Please take a look at the photo below on another trade which is explained a little better.
If you click on the photo below and scroll down you should get all the information you need.
Any more questions feel free to contact me.
dule85 TomHall
Aha, I see, thanks for the explanation. I personally would shoot for targets at the retest of structure low because of risk reward ratio if I follow my rules.
Wish you a nice weekend sir!
+1 Reply
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