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RandomDane
19. Febr. 2017 16:16

GBPUSD at market bat pattern Long

British Pound/U.S. DollarFXCM

Beschreibung

GBPUSD has formed a bat pattern on the 15min timeframe.

I see the bat pattern traded many different ways. Some like that priceaction at the C leg can't close above the .886 retracement of A-B move. Some think that as long B-C is under A, then the pattern is valid.
Some only trade batpatterns in stocks, some only in forex.
There is no 100% right way to trade it. Therefore you will need to backtest this pattern - and other patterns, for yourself before trading them.
I wish you all a happy trading week!
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