XAUEUR 60 Bearish BAT & GARTLEY PATTERNS @ 1130 ZONE!Hi guys,
Here we have another advanced pattern trader's dream! 2 pattern in one chart completing within a 3 point zone!
First we have the BAT PATTERN which completes @ 1130.50 for a more conservative approach.
Then we have the GARTLEY PATTERN which completes @ 1127.50 for a more aggressive style.
Stops go as per usual above the X leg and targets will be the 38.2% and 61.8% retracements.
Thank you for your support.
Plan your trade... Trade your plan. Good Luck
Twopatternsinone
EURAUD 60 Bullish BAT & CYPHER PATTERNS @ 1.5430 ZONEHi guys,
This is a pattern traders dream, 2 patterns in one chart! Here we have the BAT PATTERN and the CYPHER PATTERN both of which complete within a 20 pip PRICE REVERSAL ZONE (PRZ) adding to the confluence of this trade.
Stops will be placed as usual, below the X leg and targets will be at the 38.2% and 61.8% retracement levels.
Thank you for your support.
Trade Numbers:
Risk: 80-100 pips x 2 = 160-200 pips (depending on entry)
Reward #1: 80-100 pips. R:R = 1:1/1.2
Reward #2: 100-120 pips. R:R = 1:1.25/1.5
Plan your trade... Trade your plan.
NZDCAD 15 Bearish BAT & GARTLEY PATTERNS BOTH @ 0.8813Hi Guys,
This is a really good setup right here, we have a bearish BAT AND GARTLEY completing at the same level! This is my 2 favourite patterns on one chart, they give such good risk to reward.
The stop loss will be placed above the X leg which is used as good resistance in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade.
Thank you for your support.
Trade Numbers:
Risk: 20 pips x 2 = 40 pips
Reward #1: 30 pips. R:R = 1:1.5
Reward #2: 50 pips. R:R = 1:2.3
Plan your trade... Trade your plan.