FullTimeTrader
Short

GBPUSD-H4-update-still short

FX:GBPUSD   British Pound/U.S. Dollar
782 10 18
Im still short on this pair. The gartley pattern failed but today the bat pattern was respected to the pip.
Good luck.
MisterTrader
2 years ago
So do I, since 2 days, analyze on Daily, it's very helpful to see your analyze on 4 Hours.
I wish you the best, we are on the same train, let's see what gonna happen :)
Cheers
Level To Watch: #GBPUSD Down trend continuation
Reply
GcNaif MOD
2 years ago
yeah bat looks good so far ,
snapshot
Reply
nonobeijing GcNaif
2 years ago
Sorry, but don't you need to get a XA retracement of at least 50% to make B? According to my measurement on the graph, we get a bit more than 38.2%.
Reply
GcNaif MOD nonobeijing
2 years ago
thanks for the message , for bat B can be between 38-50 of XA
Reply
nonobeijing GcNaif
2 years ago
Hi GcNaif, At first I thought I was going to prove you wrong, because I purchased the Advance pattern course from Jason Stapleton where (I watched again) says "MUST touch the 50%,, cannot touch the 618". Then I checked on baby-pips, and here:
http://www.yourtradingmentor.com.au/harmonic-trading-part-12-bullish-bat-pattern/ and all these websites agree with you. So I am quite confused on why Jason would say that. Maybe he was talking about the Bat patterns he trades (with better probabilities of success). I will ask him. Thanks you.
Reply
FullTimeTrader nonobeijing
2 years ago
Hello, as i trade, the B can be between 38-50 of XA leg (but not touch 618). This is the more important rule. Having clear this main rule, each trader can define his own rules with better probabilities.
+1 Reply
GcNaif MOD FullTimeTrader
2 years ago
agree with your comment FullTime . nonobeijing: some people they trade BAt only and only if B is 50%. as fulltime said trader can define their own rules that fits them
+1 Reply
nonobeijing GcNaif
2 years ago
Thank you guys.
Reply
MisterTrader
2 years ago
A more detailed version of my analyze, for your information. Hope it will help, please share your comments :)
Level To Watch: #GBPUSD Bearish Pennant breaking on confluences
Reply
Samtastico-PRO
2 years ago
Take a look on the 15 min chart for the smaller BAT pattern forming inside the lager BAT PRZ
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener 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