Bat Pattern on EURGBP שורט

Euro Fx/British PoundFXCM

תיאור

⋅ 6 פבר׳ 2018 10:47

Hi guys,

this is a simple harmonic pattern that's unfolding on the 4hr chart on EURGBP. It's going to complete right at a daily structure. I'm going to sell the market at the D point, in expectation of a reversal down to 0.8820 level. Stops above X, targets as shown.

If you have questions/ideas, feel free to comment below.
Otherwise, see you in the next chart!

עסקה פעילה

⋅ 6 פבר׳ 2018 18:14

עסקה סגורה: היעד הושג

⋅ 8 פבר׳ 2018 08:58

First target hit! Stops moved with Fib:

עסקה סגורה: היעד הושג

⋅ 8 פבר׳ 2018 12:59

Second target hit!

תגובות

mfawadjoe

⋅ 9 אפר׳ 2018 10:50

I have a question do you enter with limit orders ? Or do you wait for price action confirm? Thanks

Roker1

⋅ 9 אפר׳ 2018 10:56

@mfawadjoe, in this case i places a limit order, but it depends on the setup

mfawadjoe

⋅ 9 אפר׳ 2018 11:47

@Roker1, can these patterns be entered like a normal support and resistance trade without limit orders to get better riskreward?

Roker1

⋅ 9 אפר׳ 2018 12:04

@mfawadjoe, you should backtest that! I don't know how it will work that way

chrisi1995

⋅ 6 פבר׳ 2018 22:41

Nice

Roker1

⋅ 7 פבר׳ 2018 00:22

@chrisi1995, thanks!

skywalkeris90

⋅ 6 פבר׳ 2018 21:10

I like this setup :) good luck with a trade !

Roker1

⋅ 7 פבר׳ 2018 00:22

@skywalkeris90, thank you!

עוד