Limit order at D point here. Profit targets at the .382 & .618 A-D leg. Stops at the 1.618 X-A. Very Conventional way of trading these patterns
As Shown On Chart Move Stops to break even if 1st target is hit
Bat Pattern. Trail stops if price moves higher. Initial stops ATR Based
Butterfly. Initial Stops are ATR based. If price moves higher then stops should be trailed to maximise profits
As shown on chart. Fibs should be re-stretched if price moves higher. .382 & .618 targets.
Shark Pattern completion. Targets at the .382 & .500 C-D leg. Fibs have already been adjusted as price moves higher. Stops are ATR based
As shown on the chart, wait for an entry reason between the D point and the invalidation level. Targets at the .382 & .618 C - D point. Re-stretch fibs to price extreme if price continues to move higher
1st Limit order at D point. Stops are ATR based If price moves higher, trail stops until they are hit.
(1st) Entry on bearish candle. If stops are hit, wait for entry reason based on the Alt Shark Pattern
Wait for entry reasons within the boxes as shown. If no entry for Shark, enter on the Alt Shark. If entry on the Shark but pattern fails, re-enter on the Alt Shark. Stops ATR based. TP .382 & .500 C-D
Trailing Stops. No profit targets, just wait for stops to be hit.
Wait for an entry reason within the box. Stops will be ATR based and targets set at .382 & .618 A-D leg (re-stretched if price moves lower before reversing)