After watching my previous XAGUSD pattern fail - the C leg got broken - I am now looking at a new entry point on this pair. Actually found two. Completions of these patterns is at the point D.
Red bat pattern:
Target 1: 14.567
Target 2: 15.060
Blue (please note that the stop is pretty high, and therefore makes a lower risk : reward ration than 1)
Target 1: 16.343
Target 2: 15.621
Will keep these charts updated when something happens
Best of luck!
Blue is still valid.
Interested in learning about harmonic patterns? PM me :)
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If its a retracement between 61.8 and 78.6 retracement, its a gartley pattern.
So basically I start with looking for any retracements happening that go further than 50%.
Pattern is completed at point D.