Still looking to short this pair looking for a retest of 3750's and found this bear bat pattern at 4019.
We identified a higher level to pay attention to as well but this presented itself first so ill be looking for targets at a retest of structure and looking to let it ride down trailing stops.
We identified a higher level to pay attention to as well but this presented itself first so ill be looking for targets at a retest of structure and looking to let it ride down trailing stops.
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yeehuei
PRO
Hi Jason, your BC retrancement is less than .618... does it consider a valid bat pattern? TradeEmpower video stated taht it must be at least .618 and not violate A. Can you clarify?
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J_Graystone
PRO
yeehuei
Hi! Yeah I just need a 382 retracement for it to be considered a valid bat pattern.
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yeehuei
PRO
J_Graystone
ok Thanks for clarification. So your rule is different from Akil and J_Stapleton..
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Mark_Flint
yeehuei
AB retracement for Gartley is 618. Bat is 382.
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Mark_Flint
Mark_Flint
AB retracement for Gartley is 616. Bat is 50.
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J_Graystone
PRO
yeehuei
I'm not sure. My rule is 50% AtoB and 382 BtoC
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PRO.KS
where is your sl and tp ?
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J_Graystone
PRO
PRO.KS
My Stop loss is at 4069 and my target 1 is a retest of the lows at 3850's
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PRO.KS
J_Graystone
thanks bro for sharing :)
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J_Graystone
PRO
PRO.KS
No worries. I try to share a few ideas per week
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