The BAT pattern gets its name from the bat-shaped end product. Identified by Scott Carney in 2001, the BAT pattern is made up of precise elements that identify PRZs. The bat harmonic pattern follows different Fibonacci ratios. One of the major ways to differentiate it from a Cypher pattern is the B point which, if it doesn’t go above the 50 percent Fibonacci...
When Bullish Bat appears, it is more confident to Take Profit. TP1 is 0.382. TP2 will be 0.618. The early entry can be at the Bullish Engulfing at the bottom. Because of the trend has manage to break 0.618, it is successful to about making a new Bullish trend here. This tutorial come with Analysis. :) Look for Buy opportunity now. Let's ride this...
In this series of chart patterns, we have taken a look at the more traditional ones. However, we have not yet discussed harmonic patterns. Harmonic patterns form a part of the numerous chart patterns available for the identification of reversal points. The practice of trading using harmonic patterns is often defined as "Harmonic Trading". We felt like it was an...
Dears, I am so sorry as it is a long time I don't send any chart as I was busy with my new website. as there many friends they ask me about EURJPY and we want to tell them this what I can see from this chart. and very good luck to all of you.
Dears, this what we see and please, take care with the SL when the price close below SL thanks,
An example of Completed BAT pattern
Possible Bullish Bat Pattern that shows signs of reversal
Dears, Please, follow our instructions as mention in the chart. thanks and good luck
When looking for harmonic patterns, its better when we find and trade perfect ones (Its our money and should take care of it) They are rare but offer the HIGHEST probability trades, its almost ATM CASH! For example, this perfect bat ocurred on EURGBP-M1 chart (i remember i traded this one live) There are six requirements for a perfect bat. You can see on...
Hi, Above, some harmonic patterns that i often look for (bullish ones) These patterns, when identified, have a good risk/reward ratio. They allow traders to enter into the market with minimal risk. Obviously, you need some other confirmations before taking the trade on the pattern completion. If the point D occurs with some divergence on classic oscillators (RSI...