AUDUSD Bat pattern complition
After our first gartley pattern failed we anticipated that a posible bat pattern would form, now the pattern just completed.
this is also a high prob trade it goes with trend direction, the "D" leg of the pattern ends exactly at a major structure level ( resistance turning support ) and showing RSI Over sold with Divergence.
As I always say a failed pattern is NOT a bad pattern or a bad trade, it is just a trade that wasnt a winner, CONSISTANCE IS KEY if we get involved with high prob trades like this one, we will end up positive. remember this is a long term journey las month I had 8 consicutive losses but becouse of my 2 on 1 Risk Reward I was able to be positive las month. I risk 1% and shot for a 2% reward, so we don't need to be right everytrade.
this is also a high prob trade it goes with trend direction, the "D" leg of the pattern ends exactly at a major structure level ( resistance turning support ) and showing RSI Over sold with Divergence.
As I always say a failed pattern is NOT a bad pattern or a bad trade, it is just a trade that wasnt a winner, CONSISTANCE IS KEY if we get involved with high prob trades like this one, we will end up positive. remember this is a long term journey las month I had 8 consicutive losses but becouse of my 2 on 1 Risk Reward I was able to be positive las month. I risk 1% and shot for a 2% reward, so we don't need to be right everytrade.
Penafian
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