Alexander_Nikitin
Long

Back into the trend with HSNSI BAT pattern

FX:GBPUSD   British Pound/U.S. Dollar
Blue arrows = impulses, voilation or retest of previous move's range.
Red arrow = corrections, priceaction within previous move's range.
Trend = at least two impulses of same direction with a correction between them.
Consolidation = at least two impulses of same direction with an impulse of opposite direction between them.
Price moves in trends. A trend remains active untill it shows the sign of reversal.
Sign of reversal = violation of the initial point of the last trend's impulse.
Keen eye, shame it didn't hit your prz.
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yeah, this one went without me))
+1 Reply
IvanLabrie PRO Alexander_Nikitin
Same, :p
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Superb results for the pattern.
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