PriceActionTrading
Long

EURUSD LONG @ PATTERN COMPLETION

FX:EURUSD   Euro / U.S. Dollar
227 3 5
H1 PATTERN SPOTTED.
GOOD OPPORTUNITY TO GO LONG AT SUPPORT LEVEL .

PRICE IN A DESCENDING TRIANGLE PATTERN H4.
DESCENDING PATTERN INDICATES PRICE TENSION BEFORE BREAKOUT, ALTHOUGH MANY WOULD DEBATE DESCENDING = BREAK DOWNWARDS.

BUT I SAY CONVENTIONAL THINKING WILL MAKE YOU LOSE MONEY.

D1 FAILED TO CLOSE BELOW 1.1000 ROUND NUMBER ALTHOUGH IT GAPPED BELOW IT TWICE.
SHOWS DEMAND AROUND THIS AREA.

STOPS AND TARGETS AS FOLLOWS.
FOLLOW THE STOP STRICTLY.

H4
snapshot
PERFECT AGGRESSIVE LONG OPPORTUNITY PRESENT NOW, FOR THOSE WHO HAVE FOLLOWED ME AND PROFITED ALONG THE WAY.
snapshot
Reply
Just a friendly note and not criticizing your efforts but just to let you know that isn't a bat. Bat B points are between .382-50%. That B point you chosen closes even beyond the 0.618. I also wish it were because I'm looking for a market reversal sometime soon....just trying to be helpful.......

Also, if you want to know more about Bat patterns, one of the members here, Alexander_Nikitin, is a master at bat patterns. He published a series of posts here detailing everything you might want to know about bats and more. Akil Stokes, aka "Bat-man" is also very knowledgeable about bats. Look them up if you need to....
+1 Reply
PriceActionTrading EverythingForex
Yes i would understand. No problems. well its falling like a knife now.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
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