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UnknownUnicorn180388
Oct 14, 2016 8:12 AM

EUR.GBP - BEARISH BAT SETUPS - .9188 & .9122 Short

FX:EURGBP60
Euro Fx/British PoundFXCM

Description

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On the EUR.GBP 1hr chart we 2 potential trade opportunity's at the D leg completion of Bearish Bat setups.

Bearish Bat Setup ( Light Blue ) - D leg completion .9188
Target 1 - .9077
Target 2 - .9008

Bearish Bat Setup ( White ) - D leg completion .9122
Target 1 - .9061
Target 2 - .9023
ukforexsignalsBearish PatternsSELLshortxabcdHarmonic Patternseurbgbp
Comments
AdamHong
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Why not use the harmonic tools provided by the web site? It may be clearer about the ratio.
UnknownUnicorn180388
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It's just personal preference not using the tool.
The ratio's are also subjective, some trades use different fibs to calculated their pattern so using the triangle tool helps keep out the noise.
AdamHong
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OK,thanks
piptamil
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Great and thanks.
UnknownUnicorn180388
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My pleasure, have a good day!
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