AjkMohsen
Long

Bullish Bat pattern 4H

FX:EURCAD   Euro Fx/Canadian Dollar
59 1 0
Wait for pattern completion. Buy when around point D and place stops below X. Target 1: 38.2 fib retracement of A-D. Target 2: 68.1 fib retracement of A-D
Something I have noticed frequently in Harmonic patterns is the entry into X often results in a similar exit out of D (prz). Here's what I mean:
snapshot


I like to see a nice steep, impulsive drop into X, for Bullish Bat's (Well, pretty much for all: bats, butterflies, crabs, garts).
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