Night_Trader
Long

Bullish Bat pattern in EUR-AUD 4 hour chart.

FX:EURAUD   Euro Fx/Australian Dollar
374 7 2
Bullish Bat pattern in EUR-AUD             4 hour chart.
Careful, because the bigger trend is down. It is likely that we get only a bounce to target 1.
richeyeo
3 years ago
Great one, I also got the same Bat patterns as yours, pending order at 1.4240
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This pattern has evolved to a crab pattern
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Masry Mathias-HarmonicTrader-Sweden
3 years ago
how come?
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Beacuse the D leg has extended more: http://gyazo.com/c689386afe884fb2afe4741e1eb40923 But in the end i think the both are invalid, not sure!
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I am still not stopped out, although it was really close. However if the trade gets stopped I would suggest the crab pattern with the same X point used in this setup, because for that one the reversal point would be very close to the reversal point of a much bigger bat pattern. If this trade gets stopped, I will post this next setup and post a link on this page as well.
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Night_Trader PRO Night_Trader
3 years ago
I meant bigger "shark pattern" instead of bigger "bat patter"!
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Stopped. :-(
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