confluence of cypher and bat patterns
bat pattern. Stops need below X. 20 from entry pips is enough. First target at B. It's about 37 pips. Second target at C. It's about 64 pips. I like bat patterns for the risk to reward ratio. You don't need to be always right. You don't even need to be right 50%. For example, in April I had very few winning bats, that constituted only 37% of total amount of trades...
We reached the resistance level on Daily. I'm looking only for shorts on euro. This bat pattern is a good reason to enter short.
looking for this bat pattern completion since friday.
We saw a very nice painfree trade, triggered by this yellow gartly, which easily hit our first targets (check it clicking the attached idea's link) If the market goes lower to our second targets we may have a bat pattern completion. this combination allows us to use stop-and-reverse technique.
I have just bought the small bat at market. if it works, we'll probably see bearish bat completion
bat pattern. quite similar case with eurusd previously published
A cypherpattern at structure. It's is the third time price is testing these highs.
ba bat pattern completing at structure