GBPJPY short opportunity
I am in a dilemma here, because an almost perfect Gartley pattern (the red one) already completed with D completion point retest (RSI and AO divergence as well) but another harmonic pattern is lurking there, a Bat pattern.
Which one trade would you take, because it is obvious that we can take only one of them profitably, due to mathematical reasons? In these kind of situations I'm used to wait for the completion of the bigger one with a smaller SL therefore better R/R ratio, risking to not get filled in... but that is trading.
Which one trade would you take, because it is obvious that we can take only one of them profitably, due to mathematical reasons? In these kind of situations I'm used to wait for the completion of the bigger one with a smaller SL therefore better R/R ratio, risking to not get filled in... but that is trading.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.