4h
Bearish Bat PatternAlthough I am not as much a fan of harmonic patterns as when I first began trading this pattern 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: 1.18847
Stop: 1.19090
TP1: 1.18361
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.
ETHBTC look for a new impulse 🦐The market after the sharp move has been retracing and now price is just below a 4h structure.
If the market will break and close the candle above we can set a nice long order according with our strategy.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.