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faifus
May 16, 2013 11:21 AM

UsdCad Shark & Bat 2h. Short

U.S. Dollar/Canadian DollarFXCM

Description

Shark in progress in UsdCad in 2 hours chart supported by a Bat which finishes at the same price. This is a possible good PRZ. I placed the stop a little bit upper than the pattern start point because there are some highs before that point, although it could be fine to place it some pips lower, but always above the patterns starting point
Comments
faifus
I don't have got exactly what you are asking for but maybe could be useful some of this links:
fxgroundworks.com/blogs/study-of-harmonic-patterns/
fxgroundworks.com/blogs/how-do-we-marry-probability-and-price-action/
fxgroundworks.com/blogs/bat-pattern-statistics-and-performance-results/
I'm sorry if I couldn't help you...
erfan_hi
good job,it is perfect.thank you.i injoy of your technical plan
faifus
I'm glad you like it, thanks! :-)
CoinedByCrypto
Do you have a link to a page where there are statistic on how much downside can be expected after the pattern - and other patterns have fullfilled? Thx in advance. BM
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