tntsunrise
Short

EURUSD 4H Bearish Bat Pattern

FX:EURUSD   Euro Fx/U.S. Dollar
16262 33 267
EURUSD             4H Bearish Bat Pattern

Ideal Entry: 1.0790
SL : Above 1.0830

TP1: 1.0700
TP2: 1.0620
TP3: 1.0500

Note there is also an AB=CD complete at 1.0790
Look for RSI overbought
and Watch Price Action to enter
Trade active: Price Into The Structure
Comment: Price didnt break X point, Short Position Open
Trade closed: stop reached: GAP UP, Hit SL.
Join Projack's Student Group:
http://www.harmonicasia.com/index/course.html
Youtube:
https://www.youtube.com/playlist?list=PLN0GYK-_EO5Z3Xzp6Sk1bmfzckpkJ5NCx
FB: https://www.facebook.com/groups/projacksg/
QQ Group: 609224828
Completle agree with this sell set up.GL mate!
Reply
arif_awan Don_Corleone
Reply
@arif_awan, GL with your set up.Followig your trading plan is important.
Reply
arif_awan Don_Corleone
@Don_Corleone, thanks, thats what i do.
+1 Reply
arif_awan arif_awan
@arif_awan, bat gets invalid when C touches A...Why such good traders misguide people.
Reply
I totally agree with you tntsunrise
Reply
Thank you master
+1 Reply
How do you get that horizontal value on the chart?
Reply
@Vytasbcn, get your eyes fixed up bro
Reply
Vytasbcn halimbashery235
@halimbashery235, hahaha!!! Thanx, they are fine. Mistyped - volume I meant, or open positions - on the right of the graph :D
Reply
Hi Jack, Thanks for all of your ideas.
One question, in this idea the C point isn't on 0.886 retracement. Is this a variant of a bat pattern?

Thanks again!!!
Reply
@eporfiri, My rule of C is 0.618
Reply
You're a sniper !!!
Reply
On daily time frame, isn't this a bounce off the 1050. bottom level, and this move is potential to the upside to major support 1149 level. Thoughts?
Reply
Doing good so far
Reply
is the trade active yet?
Reply
follow you
Reply
I'm in !!
Reply
thanks. still observing the entry short position. thanks a lot!
Reply
happyluckydog happyluckydog
thanks master! short at 1.81
Reply
thanks,for sharing it
Reply
1.0770 sell stop tp :1.0710 , 1.0640
sl:1.0840
Reply
Hi Jack, many thanks for sharing.
May I ask; what indi is that on the right?
Thanks!
+4 Reply
Thank You for the info :)
Reply
tntsunrise Hi, do you think the eurusd will come down?. thank you
Reply
Walentine Dankofx
@Dankofx, stop hit... again...
+3 Reply
Stopped out ?
+1 Reply
Hi, I noticed their are no gaps on the Oanda chart, any reason why you prefer FXCM?
Reply
Was a nice idea, maybe shorting from upper Level would be much nicer, let it run to your 1.618 Level and watch the price action there. Good luck.
Reply
that gap must be filled
Reply
Hi Jack, we're back in the yellow area: what do you suggest ? Many thanks
Reply
Hey. Could we still look at a sell setup here??
Reply
Stop reached but then followed perfectly your direction.
What a pity I was out
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out