Bullish Gartley + BAT pattern combo (Swing Trading)
Updated
There are five potential scenarios. Emphasis on potential.
1. Price rallies up and assumes our two scenarios.
2. Price will complete our gartley pattern by going lower to our D entry point.
3. Price stops us out on the gartley pattern but doesnt go low enough to fill us in on our BAT pattern. (bummer)
4. Price will stop us out on the gartley pattern and head lower and fill us in on our BAT pattern.
5. Price will head way lower and stop us out on both our Gartley and BAT patterns. (extreme bummer)
Whichever way we will have to wait to see how this will play out.
1. Price rallies up and assumes our two scenarios.
2. Price will complete our gartley pattern by going lower to our D entry point.
3. Price stops us out on the gartley pattern but doesnt go low enough to fill us in on our BAT pattern. (bummer)
4. Price will stop us out on the gartley pattern and head lower and fill us in on our BAT pattern.
5. Price will head way lower and stop us out on both our Gartley and BAT patterns. (extreme bummer)
Whichever way we will have to wait to see how this will play out.
Trade active
Gartley pattern now in play.Trade closed: stop reached
Gartley pattern was stopped out.Trade closed: target reached
TP2 (61.8%) of BAT pattern hit.TP3 is at 100% (Around 1.33)
Let's see how this plays out.
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