2 potential advanced patterns completing close to each other, both indicating a possible bearish move
B=%38.2 C=%61,8-%88.6 D=%161,8 XA=%88.6
Bat completion at ABC correction.
Third Pattern Completion Back to Back Eurchf Bat
Once the currency pair CAD/JPY retraces into the 85,76 level the bearish bat pattern will be completed and so the opportunity to short the market. This setup contains two fibonacci based target points and a stop loss point at the 1.08 extension of XA.
Hey traders! we have an opportunity to grab this long @ 0.74239. Price action is trading above both the EMA's. Also we have previous structure zone where we might see the pattern completion. expecting another impulse to from.
In EURGBP as we can clearly see, price is moving towards our D point. We are going to be long from D Bullish bat pattern completion point. Last two patterns hit SL back to back but still we are doing good for the week which had massive winners. If it suits your Tradeplan..Go ahead n Buy ! Hit Thumbs Up for Likes... Share/Comment ur views...
Hey guys! We have a potential Bearish Bat pattern forming at 1.46516. We have a downtrend with lower lows and the pattern seem to form at the structure resistance. Hopefully a good trade. Stops @ 1.46837 and Take profit @ 1.45964
Hey traders we have a new structure high and we have a potential bullish bat forming @ 2.1889.
Even when all the stars are align the market never fails to listen to it. This is a live process where we can understand that nothing works perfect. 1) AB=CD ( Time = Price) 2) Garltey 222 3) Bat Lets see what happens.
Just an amateur opinion about a nice pattern which is forming on AUD/USD. The price came closer to the .886 level from XA leg and if the price will touch this level (0.69924) we'll have a good risk/reward ratio and great opportunity to enter in a long position.