Oztrade
Short

EURUSD - BULLISH BAT PATTERNS - ADVANCED PATTERNS

FX:EURUSD   Euro/U.S. Dollar
503 8 8
Hi All, I wanted to share this potential opportunity here on EURUSD             60M

I wont post details here - you can see Entry and Stop levels along with the potential R:R Ratios on screen

I also noticed the previous structure point - also if you follow this back you can see extra points of structure marked.

it will be interesting to see if we retest the high X leg for the lower BAT or if we just hit 88.6% and bounce off.

We have about 5 structure points above our stop level and 2 structure points below.

Smaller Bat has Major 1.618 FIB Extension from our A to B leg and back down - which is usually standard for these patterns.

Good luck and happy trading as always.
Nice work on this trade for the smaller Bat Pattern - I find with T.V has different data than my trading platform - Target 1 has been filled with a +52 - lets see if we continue down for T2 - it appears my Trading View uses the BID price where all sell trades open and buy trades close.
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KVE Oztrade
Small bat worked perfectly!
This will be my next trade, hope it works out too...
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So far so good on this one Hit T1 on the Bull Bat
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Yes, yes, I have the same on my radar! But indeed they are bearish... ;-)
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Nice one KVE - lets see what happens with these patterns.
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Nice setups. I believe title should read Bearish Bat*
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Oztrade glennmercer
Thanks for the error - yes you are right maybe I shouldnt sit on my head when doing these charts. lol
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