If price action drops to 0.76013 we will have this bullish bat pattern completed. So putting my buy limit orders now. Hopefully it will be finned by today. I am expecting a reversal to 0.76606 and 0.76966 next.
Will also Take the Revenge Cypher.
Trade closed: stop reached:
Part of the game.
So Cypher has been activated after the Bat loss, we have lost 42 pips in that trade, if we have 42 pips in the Cypher then exit the trade. 0.7613 is the TP level.
Suppose I have a bullish Bat pattern, I try to take it if the X to A leg is above the Ema and vice versa for bearish Pattern and try to see whether there is any structure around the completion area. :).