1800
Short

eurnzd sell 1hr

FX:EURNZD   Euro / New Zealand Dollar
174 4 1
bat pattern completion on the 1hr chart at a nice structure level
If I may comment, I believe your patterns are mostly against the trends , where as you should find the trend then choose an impulse (xa) wait for the A wave correction (ab) B wave correction (bc) and the C wave correction (cd). That way the next impulse should go if of course the correction is an abc one sometimes it's abcde or wxyxz in which case the advance patterns don't work.
+3 Reply
1800 anilmangal
thanks for the insight anilmangal
Reply
You are welcome but as you see once you find the trend you really don't need the patterns , although I have to agree they do look colorful and attracts attention.
Reply
1800 anilmangal
i identify the patterns using the fibs and then use the patterns just to designate the entry levels
+1 Reply
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