Bat Pattern, Eur/Aud, 1 hr

23 มิ.ย. 2015

Here we have a completed Gartley pattern in the positive deviation area of the last 100 and 200 moves.
According to my strategy , this market is likely to reverse down into the negative regression. As of right now, the market is retesting the high at point D and we should see a trade completion in the next couple of hours.

Anyone that has been following my trades knows that last week I had a very bad week and I am making a minor change to my strategy for the week , until we recover from our losses, i was previously trading all harmonics to the 1.618 extension of the BC leg, but as of this week , i will only be trading harmonics to the .618 extension , just for a guaranteed close for profit.

I have placed my trade actions as follows:

Limit: point X
Entry: point D
Limit: the .618 extension of the BC leg

Please like and comment if you agree or disagree respectively.
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And as always Good Trading Everyone!