Hi Traders, just thought to get this one up might be some signs to squeeze a small amount here.
We have formed the XABC of a small BAT Pattern. Looks like we have passed the B Leg
Fib confluence at the entry with a 61.8% from our lowest to highest structure.
As always entries targets and stops on screen. EURUSD showing signs of bearish from TDA
Targets to be adjusted on D Completion to our 38.2% Retrace from the CD Leg
Stops to be moved to break even if price retraces to our 38.2%
Pattern will be invalid if we go past the A leg or price falls below our X leg.
Happy trading
We have formed the XABC of a small BAT Pattern. Looks like we have passed the B Leg
Fib confluence at the entry with a 61.8% from our lowest to highest structure.
As always entries targets and stops on screen. EURUSD showing signs of bearish from TDA
Targets to be adjusted on D Completion to our 38.2% Retrace from the CD Leg
Stops to be moved to break even if price retraces to our 38.2%
Pattern will be invalid if we go past the A leg or price falls below our X leg.
Happy trading
Comment:
We have now formed a larger BAT also posted just now, this pattern is still valid and we seemed to have formed a GARTLEY in this same ZONE - Gartley entry is in a perfect scenario 78.6% XA Retrace, perfect AB=CD and 127.2% Fib Ext from AB