Neel_K

Neel_K

If PA reaches D then short.

Neel_K

IF PA reaches D leg, Go short.

Neel_K

If the PA reachers D leg , Go Long

Neel_K

Never traded this pattern, just playing around with chart. Will see if this really materialises. This pattern has to break the neck line to go go long. This can go short Link fo reference of pattern : www.forex-central.net

Neel_K

With Oil Prices hurting canadian economy more than , lower commodity prices hurting NZ this is a possibility. D completion near FIB confluence. Channel Top had a false break. PA coming back into the channel.

Neel_K

When DANV asked me to check for harmonics on his EW chart(linked below) , i found this. There are other patterns too. Short till completion of D leg. n then Log for 382 retracement. This could also be taken a simple channel based trade, once the PA has closed below the upper channel.

Neel_K

MACD Crossover on 1hr, Looking for PA to cross trend line and go long until D completion. And once D is reached. Short for 382 retracement for target 1

Neel_K

JPY was the stonger of the currency this month, with AUD being on weaker side. with possible rate cuts looming in coming months, Expect AUD to go down. Rest only time will tell. if that has to happen, i would like to tae BAMM trigger to completion of D leg of this BAT on monthly. Hidden RSI Divergence indicating trend continuation to down side.

Neel_K

Valid only IF your BAT pattern rules allow for less than 50%% retracement.

Neel_K

I could take this as normal BAT, however if this BAT comes to live there is also another potential BAT ( as shown in linked chart) . Hence Keeping thr SL just below previous Structure and PRZ. ( keeping RR 1:1.)

Neel_K

IF the red gartley completes,then it could be a good short to ride it down. ( possible trend reversal ) IF the Blue Gartley completes, it would be good to jump on the long trend.( longer term trend continuation) - Hey Experts, could you share your views if Green Gartely has valid X leg ?

Neel_K

Just a Test I was doing to see how many Bats i could find in 1,3 min chart. Of all the bats seen so far, 3 completed successfully 1 did not come to life 1 had a D leg off by a pip (but completed - successfully ) 1 has not yet formed ( markets stopped before its birth ) ;) Check out if you see them in your 1, 3 min charts.

Neel_K

I was hunting for BATs on smaller timeframes, found a few good ones. This final one..was still being formed when the market closed. Lets see tomorrow , if this is pattern comes to life.

Neel_K

Watchout.. reaction to Thursday n Friday news from CAD,JPY may help or foil this plot. RSI close to Oversold. PA probably needs needs a relief after heavy shorting last week. ( before it continues down again )

Neel_K

A note to self for 2016. Till then Short CADJPY :)

Neel_K

If Oil Prices rise above 60 , this fall could be checked. Until then, I'm short for rest of the year. Please find and do share with me your reasons to trade this pair.

Neel_K

IF i'm correct.. the PA at close of this month would be slightly better indication of where it wants to head. or remain in channel. It could be that by March.. all currencies would have confused enough minds..giving gold rush ..n new push !

Neel_K

A short Opportunity using BAMM Rules., once the Price Action Breaks the B point. It could also mean short opportunity on other timeframes. based on Trend-line or Head n Shoulder pattern. What does your analysis show?