Could this Bat pattern provide a good entry point to trade a C wave in this EURUSD consolidation move? A counter trend trade but a very decent risk reward ratio.
Is this a zigzag pattern coming to an end? an AB=CD pattern has just been completed overnight while a potential Bat is on the way. Something to keep an eye on...
Could this potential Bat pattern announce the end of a Running Flat correction?
EURJPY is still in a consolidation out of a bullish motive wave so here is an example of advanced pattern trade setup for an upside follow through
Here is an illustration of a simple Elliott Wave count where a Bearish Gartley is used to find a potential entry point.
This is a brief memo about advanced patterns which must be the most popular technical trading method advertised on TradingView. As an advanced pattern skeptic and Elliott Wave fan, I sometimes see some merit in using them only because they align with Elliott Wave Theory. In this particular example, Elliott Wave Theory suggests that a bearish motive wave on...