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tntsunrise
Mar 5, 2016 2:55 PM

SILVER LONG TERM BAT PATTERN Long

Silver/U.S. DollarFXCM

Description

SILVER LONG TERM BAT PATTERN
Long at 13.888!
SL: 13.58
Comments
Guinsanity
Long at 13.888, this is right?
tntsunrise
yes
chft_500
Question Jack, if you are expecting it to drop to 13.888, then why not place a short position at this point? Appreciate your enlightenment on this one. :)
tntsunrise
Very traditional question for harmonic patterns. We trade D point, not CD leg, unless you have other reason to short. it is not saying the price will definitely go to 13.88, it is saying that if price hit 13.88, you can long.
Law.ahead
Thanks!
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