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dule85
May 30, 2015 7:02 PM

GER30 4h Bullish Bat Pattern Long

DAX index of German listed sharesFXCM

Description

A bullish bat has completed this week. Look if its still valid on monday opening and look for a long entry....
Comments
dule85
I am still in this trade, my stops are just below the even number 11300 at 11290. Let's see if price action can turn around and hit target 1....
leszekstanislaw
Always though bat's B point is 38.2 - 50%... Here this looks more like strange gartley...?
dule85
Ooops, you are right. I thought the AB leg just missed the 0.618 retracement :( . In this case it is indeed a gartley pattern
Thanks for pointing it out, that's why you should always double check the ratios before you enter the trade ;)
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