Bullish Bat Pattern

Updated
Although I am not as much a fan of harmonic patterns as when I first began trading this pattern again appears to meet the criteria perfectly.

Through back testing I have found the Bat pattern to have a success rate of 62%, I would consider this a medium to high probability trade and as such will be committing a maximum of 5% capital to this trade.

Entry: 1.17208
Stop: 1.16957
TP1: 1.17710

Should the pattern reach TP1 I will close 50% of my position, the remaining 50% will then be risk free. I will post TP2 in the comments should the pattern be successful.
Note
TP2 Hit

snapshot
Note
TP3 = 1.19216

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Note
TP3 hit.

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Note
TP4 = 1.21224

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Note
Due to the confirmation of a reversal pattern, as shown on the chart below, I will look to exit the remainder of the long position.

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BatBullish PatternsHarmonic Patternspatterntradesy

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