Hi All,
I wanted to share this potential Bat Pattern,
As always I have placed entry just below 88.6% and Stops at the 113% Fib extension as standard, we have another structure level and as always if we go past our X leg in this case at least we have structure below our stop after X
In T.V I have noticed that some trades just miss our entry line but in trading platform they hit as normal - this is due to the data my trading view is set to. But as always check your entries and fibs in your trading platform
Targets standard 38.2% and 61,8% just above so we get filled if this completes
Check your data - in my trading platfrom we have hit the 38.2% making this a valid Bat Pattern
I am currently long on this pair hitting our previous Bat and also taking target 1
those who are long may look for a Stop Reverse trade by extending Targets to just below the entry
You may want to set trail stops to ensure you catch maximum profit. above the target 2 level which I have marked in Red Line on the screen
We hope price keeps going up to complete our current trade
As we know price can only do three things.
Good luck and happy trading as always
I wanted to share this potential Bat Pattern,
As always I have placed entry just below 88.6% and Stops at the 113% Fib extension as standard, we have another structure level and as always if we go past our X leg in this case at least we have structure below our stop after X
In T.V I have noticed that some trades just miss our entry line but in trading platform they hit as normal - this is due to the data my trading view is set to. But as always check your entries and fibs in your trading platform
Targets standard 38.2% and 61,8% just above so we get filled if this completes
Check your data - in my trading platfrom we have hit the 38.2% making this a valid Bat Pattern
I am currently long on this pair hitting our previous Bat and also taking target 1
those who are long may look for a Stop Reverse trade by extending Targets to just below the entry
You may want to set trail stops to ensure you catch maximum profit. above the target 2 level which I have marked in Red Line on the screen
We hope price keeps going up to complete our current trade
As we know price can only do three things.
Good luck and happy trading as always