MohamedMagdy
Short

Bat Harmonic Pattern Explains the fall of EURUSD

FX:EURUSD   Euro / U.S. Dollar
59 0 6
Three ways to draw that bat , the only difference in those 3 patterns depends on the point X you choose to start drawing your pattern ! . Notice the move of point X along the upper tail in the red box which is between the 2 orange arrows , that variation of your point X within the right red box will yield a big reversal zone in which point D will be found to complete the pattern and which can be called the potential reversal zone PRZ and it is shown in the left orange box , the 200 Simple Moving Average price cross with the D point and candlestick pattern gave a great significance for reversal at that point and the completion of the bat pattern .
It really was an elegant trade if i have been noticed it , but anyway , am here to learn from my mistakes and am glad that harmonic patterns told me a reasonable explanation for the fall of EURUSD            
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