On the AUDUSD we have a potential bullish bat pattern taking shape. The potential reversal zone is between X and the 88.6% Fibonacci retracement of XA. Target 1: 0.75150 Target 2: 0.75310
Hi. This was a successful trade, thank you so much. I just wanted to ask, how accurate are you with the patterns (Butterfly, bat, cypher)? I should look to invest in you somehow.
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@NewsFilters, Hey man. I think you don't completely understand how these patterns work, because this one was cancelled as we never hit the blue potential reversal zone bar.
But regarding your actual question, the win rate for my bat pattern is around 45 - 50%. I don't really have reliable numbers for the cypher patterns as I rarely trade them. I don't trade the other patterns. My trades have a risk to reward ratio of at least 2, meaning that for every 1 dollar I can lose, I can win at least 2.
I see that you have already joined my group, welcome & thanks for that :)