EURCAD Completed Bat Pattern

FX:EURCAD   Euro / Canadian Dollar
Bat pattern completed
Trade according to your harmonic bat pattern rules

trust the process
Trade closed: stop reached
VitruvianTrader VitruvianTrader
Trade should have looked more like this. Have been studying the use of these "inner" trend lines more and more lately (blue line), coupled with the fact that price likes to extend beyond an impulse point but usually fails by the 1.27 extension if its going to reverse. (Or close above the 1.27 if the trade is flat-out wrong).

Approach the game the correct way. Always taking notes , always learning, always improving. Cheers.
monitoring this trade :) gl!
420snoop 420snoop
rip it is ok the big pips are other places :)
most certainly(: bat patterns are the best performing harmonic pattern that I back-tested, so I am never hesitant to enter one
+1 Reply
420snoop VitruvianTrader
Wow, that is good information to know! How did you backtest harmonics? In my own trading I have had a lot of success with butterflys and gartleys
I backtested right here on trading view , and just kept a log on excel. I only backtested Bats and Gartleys and so they are the only patterns that I actively use, but I will soon be back testing Butterflys and come up with some rules for trading them.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out