FX:EURUSD   Euro / U.S. Dollar
Guys, a potential bat advanced formation is on my radar today. Advanced             formations are traded differently as compared to harmonic patterns . They are more agressive and require no Terminal Price Bar. Simple limit order with stops and targets as defined on the chart. The targets adjustment rule: When price exceeds the potential pivot point the pattern is considered valid as long as price doesn't touch the X-point. Wherever within this zone the reversal happens it should be marked as a D-point. Targets are calculated as 0.382AD and 0.618AD. Thus this strategy is not a "set-and-forget" method. It requires some trade management.
This pattern was found by the MPS-5 pattern recognition software: http://www.ps-software.net

Get your free pattern trading course: http://ps-software.net/learn-the-patterns/

Alex Nikitin Youtube channel: https://www.youtube.com/user/alexniquitos/
hit sl
+2 Reply
@uzair412, Well, obviously it's your problem, not mine. Obviously you were trading something completely different from what was described above.
+4 Reply
good
+1 Reply
@Arm01566, thank you
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Also on my radar, good luck
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@corleone7, you are welcome:)
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let get pip master
+2 Reply
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