FX:EURCAD   Euro / Canadian Dollar
197 4
he Bat pattern requires some very specific rules that be followed strictly to be considered valid.
B point at a less than a 0.618 retracement of XA, preferably a distinct 50% or
38.2% retracement .
•D point need to be in the rage of BC projection. And BC projection must be at least 1.618 and maximum 2.618.
AB=CD pattern is usually extended. (CD= 1.27 AB or CD=1.618AB or AB=CD , depends on which gives the most compact PRZ)
• 0.886 XA retracement.
• C point with range between 0.382 and 0.886 of AB

3 elements define the PRZ:

0.886 XA retracement.
BC Projection- we will choose the projection give the most compact PRZ
AB=CD and its alternatives
if this one fail, it's the cherry on cake lol ...
Nice one it's going for sure
+1 Reply
antoinee antoinee
I'm really hopin this one is going, i'm confiant
+1 Reply
slrocheleau antoinee
@antoinee, Yes. Hit entry and bounced 100 pips on friday. Still Active trade =)
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 Send feedback Ideas Published Followers Following Private Messages Chat Sign Out