lyl89

2017年5月25日中午11點54分

EURGBP - Bearish Bat Pattern on Daily Chart 看空

Euro Fx/British PoundFXCM

描述

⋅ 2017年5月25日中午11點54分

A possible bearish bat pattern might be completing soon.

RSI is about to reach overbought level
PRZ is slightly above trendline resistance
R:R at about 1 (TP1) and 1.7 (TP2)

Daily chart, ensure lot size adjusted according to your risk management.

I will update when pattern completes.

評論

⋅ 2017年5月26日早上6點33分

Getting closer to pattern completion and RSI overbought level.

評論

⋅ 2017年5月26日下午4點53分

Pattern completed earlier than I expected, I'll be sleeping though.
RSI for Daily and H4 are above overbought level, RSI for H1 is retracing from overbought level.
Whoever's awake now can monitor and enter, remember to adjust lot size as SL is larger =)

評論

⋅ 2017年5月30日早上2點41分

The drop has begun.

EURGBP eurgbpshort Bat Bearish Bat Harmonic Patterns harmonicforex

評論

broseph

⋅ 2017年5月25日下午12點43分

nice setup. However, dont like the 1:1 as it tends to prove to kill trader if the drawdown hits.

lyl89

⋅ 2017年5月25日下午12點50分

@broseph, I can understand if you think that the R:R might not be as desirable.

The entry point is based on the bottom of the PRZ (for short setups), if good entry can be found above but still in the PRZ, the R:R will increase.