Bullish Bat Pattern
Actualizado
Although I am not as much a fan of harmonic patterns as when I first began trading this pattern again appears to meet the criteria perfectly.
Through back testing I have found the Bat pattern to have a success rate of 62%, I would consider this a medium to high probability trade and as such will be committing a maximum of 5% capital to this trade.
Entry: 1.17208
Stop: 1.16957
TP1: 1.17710
Should the pattern reach TP1 I will close 50% of my position, the remaining 50% will then be risk free. I will post TP2 in the comments should the pattern be successful.
Through back testing I have found the Bat pattern to have a success rate of 62%, I would consider this a medium to high probability trade and as such will be committing a maximum of 5% capital to this trade.
Entry: 1.17208
Stop: 1.16957
TP1: 1.17710
Should the pattern reach TP1 I will close 50% of my position, the remaining 50% will then be risk free. I will post TP2 in the comments should the pattern be successful.
Nota
TP2 HitNota
TP3 = 1.19216Nota
TP3 hit. Nota
TP4 = 1.21224Nota
Due to the confirmation of a reversal pattern, as shown on the chart below, I will look to exit the remainder of the long position.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.