bear pattern never completed but a bull bat appeared
batpattern. check the idea I have attached).
Hy, mates. I'm going to give you some tips about bats. I think, you know the general rules of engagement. If not, search google fo "Advanced patterns ROE pdf", download it and print)). Well, what is so valuable about bats? Why not gartleys? RISK/REWARD. OK, HERE'S TIP #1 . If you always place stops on 1,113XA you will ALWAYS have a 1/1,3 ratio first target and...
quite the same situation as those on euro and aussie. links atteched
NZD/USD - 30m Chart - Bat Pattern Here on the30m chart of NZD/USD we have a nice Bat Pattern setup. D leg completion at .7308 giving us a nice reversal zone. We must see a completion at D leg before any short entry is triggered. - SL must go above X - Target 1 at 38.2% retracement - Target 2 at 61.8% retracement Good luck.
a bat pattern comleting at structure level. my stops and targets are on the chart. if you aim at a larger move - you are welcome, price can easily go to 1,5353. give me like if this idea seems interesting to you))
Bat pattern. This trade does not cancell the short trade I posted earlier (link attached). If it works all the way up to the bear bat completion then I will use stop and reverse technique.
Nothing interesting. Just another bat pattern.
Will this particular trade end up winner or looser? I don't know. I even don't care. The only thing I know is that in a series of 100 trades or more I have odds in my favor. So I repeat the same actions again and again and consistently make money.