GBPAUD huggge Bat 1w, and 3 Drives Pattern! 4hr
--------------Bat--------------------------
Starting with the weekly and zooming in, you will see a consistent uptrend that forms a Bat Pattern starting at May 23rd (This is not visible)
It has the valid measurements between
A = .382 - .5
B = .382 - .886
C = 1.618 -2.618
X to D = .886
--------------3 Drives--------------
The chart illustrates a Bearish 3 Drives pattern (bearish being the final move), with the valid measurements
Top Legs - .786 or .618
Bottom Leges - 1.272 or 1.618
and matching harmonic numbers ( meaning .786 matches 1.272 and .618 matches 1.618)
This move is DEPENDENT on the reversal candlesticks at what is labeled as "C". This is The BAMM move up as a BUY.
Next we look for the candlestick reversal at what is labeled "D". As a SELL
Risk Reward is PHAT! at 1 : 4.7 !!
These 3 Drives are hard to find, buy totally worth it when they hit!
Note: always draw it on your own chart to get exact measurements! Make sure you have confirmation candlestick patterns CLOSED before entering - it may shoot through the D reversal zone!
You're welcome to repost this, just mention @corganmusic! :)
For those looking to learn to trade, message me! Good luck out there!
Learn to trade: sixfigurecapital.com/12.html
Starting with the weekly and zooming in, you will see a consistent uptrend that forms a Bat Pattern starting at May 23rd (This is not visible)
It has the valid measurements between
A = .382 - .5
B = .382 - .886
C = 1.618 -2.618
X to D = .886
--------------3 Drives--------------
The chart illustrates a Bearish 3 Drives pattern (bearish being the final move), with the valid measurements
Top Legs - .786 or .618
Bottom Leges - 1.272 or 1.618
and matching harmonic numbers ( meaning .786 matches 1.272 and .618 matches 1.618)
This move is DEPENDENT on the reversal candlesticks at what is labeled as "C". This is The BAMM move up as a BUY.
Next we look for the candlestick reversal at what is labeled "D". As a SELL
Risk Reward is PHAT! at 1 : 4.7 !!
These 3 Drives are hard to find, buy totally worth it when they hit!
Note: always draw it on your own chart to get exact measurements! Make sure you have confirmation candlestick patterns CLOSED before entering - it may shoot through the D reversal zone!
You're welcome to repost this, just mention @corganmusic! :)
For those looking to learn to trade, message me! Good luck out there!
Learn to trade: sixfigurecapital.com/12.html