Hi Traders! :) Going into the week, I am confident that this Bat Pattern will hit entry. If it is a loss, it doesn't matter, as the Risk to Reward is 1:135. It meets all of trading criteria and is a fairly clean pattern. Let's just watch and see how we go, we cannot control the markets. Remember, to trade your plan! Have a great Trading week :)
Hey Traders, Here is a proposed Bat Pattern completion on the GBPJPY pair. Risk to Reward is 1:139. Don’t forget to Trade Your Plan!
Hi Everyone!! On EUROYEN we have a potential Long Cypher pattern taking shape. Entry : 118.590 Stop : 118.041 Target : 119.067 Yes !! It’s a negative Risk to Reward ratio. However, from my back testing data I know that there is a High Probability of it winning. My Win/Loss ratio for this Currency Pair & Pattern is high enough for me to be confident...