On the hourly GBPUSD chart we have a potential bearish bat pattern taking shape. Entry and completiong at point D. Entry: 1.25698 Stop: 1.26014 Target: 1.25018 = R:RR 2.15
@lockeyong, Because harmonic patterns have certain rules that you have to follow, in order to make them profitable. And on of them is that the pattern only starts taking shape after C is formed.
rakefree
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@11021992, So isn't it better to wait until C is confirmed before making the post?
11021992
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@SpadeFX,This way you don't get emotionally involved. If you would enter just before the entry point, it might be difficult to maintain a clear and independent view.
lockeyong
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why not enter even earlier instead of waiting until D ?