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secalert
May 11, 2017 5:28 PM

GBPUSD: Long idea based on a bullish BAT pattern with 95% accur! Long

British Pound/U.S. DollarFXCM

Description

FX:GBPUSD: Long idea based on a bullish BAT pattern with 95% accuracy!
Comments
jolly45133
Secondary targets at the entry of a 2618...possibly pick this up both going up and right back down.
patterntrader
In fact, this chart provides a different perspective of the market. This type of charting idea never passed through my mind. It is always good to keep in touch with professional traders.
Thank you for sharing this chart. Continue your good work.
secalert
BAT pattern setup:
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AB leg can retrace between 38.2% – 50% of XA leg
BC leg can retrace between 38.2% – 88.6% of AB leg
CD leg can retrace up to 88.6% of XA leg
CD leg can also be an extension of between 1.618% – 2.618% of AB leg
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