If price can move down and close below the Trend Line, chances of forming a complete Harmonic Pattern will be possible.
Commentaires
davis284
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just further to the ratios. there is an alternative way to draw the bat pattern: fxgroundworks.com/alternative-bat-pattern/ but for the classical pattern your right it can't exceed. in the alternative bat the D point is higher but I don't believe the gains are that much better statistically over the classic pattern.
Zeheart
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Hi guys.. thanks for the reply. Agree that it is not a Bat Pattern.. Guess I put up wrongly. Sorry for creating all the confusion. I will make changes on it. Thanks for letting me know.. Have a good weekend.. =)
serpico.salvatore
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sorry but that misses the point configuration, and c can not be higher than point A I think you're doing a little too much confusion, it is best that you go to the site to control you exactly how it works
dojitrader
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The week is over ---
I'm trying to understand what seems obvious to me . . .
Here is examples:
Don't mean to drive you crazy with my question !!!
Thanks for everyone's thought. ~~~~
tntsunrise
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You are right. trader. this is not a bat pattern.
serpico.salvatore
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sorry but that misses the point configuration, and c can not be higher than the point, I think you're doing a little too much confusion, it is best that you go to the site to control you exactly how it works
Aqua-Life
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With a bat pattern, the C point may not exceed the A point of the pattern; at least that is the way how i trade it.
dojitrader
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what am I missing ? Isn't that what's happened with C
printing a higher high/price than A ?
dojitrader
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I was trying to remember a Bat or even Crab pattern where
C is higher than A, and then, I figured you meant to say Shark
pattern ?
Here's an interesting page for such a pattern.
trade-forex-harmonic-patterns.com/harmonic-trading-tips-shark.html Thanks for your thoughts !
alex.a
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you wrote long but red arrow is indicating to go down. I'm confused.