Bear bat. sell limits at D. Target at C. When B is hit, close half of the position and move stops of the other part to breakeven.
Sell at market. stops above X. When 0.382AD is hit - move stops to breakeven. To know more about bat pattern check my "Thoughts about bat pattern" editions. Links are attached as related ideas))
Hey, traders we got a bat pattern setting up on aussie. Buy limits at D. First target at B and the second target at C. Good luck
hey traders. Here's a bat pattern. Nice opportunity to enter long. Those of you who is somehow familiar to this pattern know it's effectiveness. It's about 60% accuracy. This pattern provides very low risk as compared to reward. usually it is 1 to 1,3 for target #1 and 2,2 for target #2. Having such a risk to reward ratio you don't need to be right more then 50%....
Hey, traders. Here's the bat pattern that matches all criteria. If you don't know what criteria I do mean - then visit my related ideas links.
Hello, traders. It’s Wednesday here. It means we have another “Thoughts about bat pattern” edition. It is the third edition and if you have missed the first two, check the related ideas links. You’ll find them very useful. Let’s get it started then)). As I told you in the first edition Timeframe doesn’t matter in bats. Mostly because bat pattern pays no attention...
hi, mates. It looks like we are to see this bat pattern completion. I am to buy at D point. Stops just below X. First target is 0,382AD and the second is 0,618AD. When first target is reached roll stops to breakeven. mostly it's connected with the fact that 0,382 fibonacci retracement is usually a trend continuation retracement. So we can easily see a move to the...
Bat pattern. This trade does not cancell the short trade I posted earlier (link attached). If it works all the way up to the bear bat completion then I will use stop and reverse technique.
Well, we never had a completion of the bear batpattern I posted earlier. nevertheless, market gives us another opportunity: bull batpattern