TradingView
leszekstanislaw
Jun 3, 2015 10:35 PM

DAX30 4H - small BAT, then Gartley, then Butterfly Long

DAX index of German listed sharesFXCM

Description

All the pleiade of formations. Honestly speaking initially i ignored bat - i did not go long, but if I would - I would be stopped. Possible scenario is from zone to zone - long to Gartley, pullback, long to Butterfly, pullback, and then... let us see...
Comments
CromerKing
What rules do you use for Bat patterns? The A-B leg doesn't touch the 50% fib retracement of X-A does it? No reason why it still wont go that way though.
leszekstanislaw
Good question. Some time ago I have seen this Bat, but ignored him due to fact it was not 50%, but seems if this is very close to level (sometimes) should be accepted...
CromerKing
The only trouble with that is 'which times'? You may have a rule that allows you to do it. I know the bat pattern with 50% has been severely back tested. Good to see another advanced pattern user on the DAX though.
More