Have been watching this formation for a long time,
and that took time to make a great formation that we can see right now.
The PRZ it's just a little bit above the Resistance zone, but I believe this is going to work.
The rules are always the same about Harmonic Pattern with different variations of the structure,
let's go to that once again:
1. Harmonic Pattern Completion(Bearish Bat) - 97% complete;
2. Potential Reversal Zone (PRZ) test - Waiting;
3. Candlestick and Stoch RSI Reversal Sign - Waiting;
4. Candlestick and Stoch RSI Confirmation Sign - Waiting;
5. Risk Management and Risk-Reward(1-3) - Set;
We are able to trade it if we have all of these rules created.
Jony Sonjamba(JonyFxHunter)
Pips Hunters Forex
and that took time to make a great formation that we can see right now.
The PRZ it's just a little bit above the Resistance zone, but I believe this is going to work.
The rules are always the same about Harmonic Pattern with different variations of the structure,
let's go to that once again:
1. Harmonic Pattern Completion(Bearish Bat) - 97% complete;
2. Potential Reversal Zone (PRZ) test - Waiting;
3. Candlestick and Stoch RSI Reversal Sign - Waiting;
4. Candlestick and Stoch RSI Confirmation Sign - Waiting;
5. Risk Management and Risk-Reward(1-3) - Set;
We are able to trade it if we have all of these rules created.
Jony Sonjamba(JonyFxHunter)
Pips Hunters Forex
Comment:
Sorry guys, sometimes I forget that I already did a check-up over a pair, and I already did an analysed on this pair, please check my antepenultimate analyse and you'll see
Comment:
The Price crosses up the stop limit to complete an Alt. Bat, keep watching, this can give us a nice short entry