Sunday, October 27, 2013

Cycle confirmation technique - Harmonic Bat pattern

Example to present the concept:

This is D1 bat bearish pattern recognized by the AMPmonitor:


Next screenshot presents the simple cycle that could be used to additionally confirm the entry time:


Different methods can be used to confirm the price patterns and fine tune the entry price and time.
For more on Bat pattern trading and confirmation techniques check our repository: http://tradingarsenal.com/bat-pattern/281-bat-pattern-table-content.html


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