I noticed a BULLISH Harmonic Bat Pattern panning out on the EURo.
Point B of the AB=CD pattern is sitting at a nice 50-60% Fibb retracement of Move X(Starting/Bottom Point of Fibb)>A (top/End of Fibb)
Point C is laid perfectly at the 35-40% retracement of Point A.
and Point D is around 160-170% retracement of leg B>C.
Making sure to place S/L Below the beginning Point X.
My T/P1 is around even with Point C where i will remove 1/2 of my position.
My T/P2 is around even with Point A, where i will close the remainder of m position.
This is NOT Financial Advice and is my OWN Speculation of the Market at this given time.
Hope you guys enjoy!
Point B of the AB=CD pattern is sitting at a nice 50-60% Fibb retracement of Move X(Starting/Bottom Point of Fibb)>A (top/End of Fibb)
Point C is laid perfectly at the 35-40% retracement of Point A.
and Point D is around 160-170% retracement of leg B>C.
Making sure to place S/L Below the beginning Point X.
My T/P1 is around even with Point C where i will remove 1/2 of my position.
My T/P2 is around even with Point A, where i will close the remainder of m position.
This is NOT Financial Advice and is my OWN Speculation of the Market at this given time.
Hope you guys enjoy!
Komen:
the percentages are slightly off, but they are VERY close to the respected regions to confirm that this pattern will be fulfilled.