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Andre_Cardoso
Jul 4, 2016 10:44 PM

(4h) ABC Correction // Bullish Bat & Bearish Butterfly Patterns Short

Crude Oil (WTI)FXCM

Description

FX:USOIL

Trade the breakouts, use the fib ratios for the patterns as targets for possible reversal.
It will always depend on the price action and structure once we get to those price zones.







Safe Trades;

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Let's forge Divergence

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Pressure

Trade active

The Bat is forged and Engaged!

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There's our target:

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Adjusted Fibs for targets:

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First target reached, Stops to breakeven

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Comments
-Andrew-
Well done
faris.makki
target hit, bingo. nice trade. Respect
willHighCAD
GOD IN PERSON
Alireza
Now pattern has completed. Do you expect a Good Buy?
gLloW
sniper. nice.
Andre_Cardoso
Thank you people! Now fighting the confluence zone
BorisMisale
You are long now 48.4 it's your target ?
Andre_Cardoso
47.71 Boris, the 38% retracement from A to D as first target, when reached, i will close half my position size and set my SL to breakeven.
BorisMisale
Thanks you,
AYosof
Seems as Bat is in Action what do you think?
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