AUDJPY H1 - Bullish Bat Entry: 89.684 Stop: 89.055 Target 1: 90.505 Target 2: 91.007
First idea here. x____x Seems like a pretty good short opportunity in my eyes. We have a double top, rejection of the daily support pivot line, a 34 & 50 EMA rejection, Fibonacci "Killzone" rejection, "Tweezer-Top" candle pattern, and the current candle closed below the lows of the previous candles. Seems legit to me. Anything wrong I'd be glad to know. I'm still...
Check your data to see if this qualifies as gartley or a bat pattern ("X to A" equal or minor to 0.618 retracement)
If the market comes to 1.0210's there will be a possible shorting opportunity in terms of a bearish bat pattern.
As you can see the smaller bullish bat pattern which I traded on the 15 min Chart was successful. Now I'm looking for the completion of this possible bearish Bat pattern on the 60 min Chart to short the market at around 1.6660
As you can see the bullish Bat pattern was successful and now there is another possible opportunity setting up. Looking to go short at around 172.55 TGT: 172.24 Stops have to go above X. Back and forth...