Trading_Jazz
Short

Call the 2618, the Bat is furious // IF=THEN ®

FX:EURUSD   Euro / U.S. Dollar
FX:EURUSD            

Eventual Bullish BAT pattern

Pattern Objective:
LONG at D

Point B:
38.2% 50% XA
Point C:
38.2% 88.6% AB (or close below point A)
Point D
88.6% XA

Targets:
TP1 38.2% AD
TP2 61.8% AD
__________________________

Eventual Bearish 2/618 ( double top followed by a 61.8% retracement after breakout the previous structure lows/support)

Pattern Objective:
SELL at 61.8%;

- Double top validated;
- IF the price breaks the previous structure low's and THEN retract to a 61.8%, a movement downward is expected with break of previous Low's even further;

Safe trades;
https://open.spotify.com/track/23fU7vub011hvxnz0260eq
IMO too risky till there might be one more step up (5th wave of the smaller structure).
Reply
oleg.golubovich oleg.golubovich
Ah sorry, your pattern has the IF=THEN caution, good!
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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 My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out