Disliked{quote} Hello Friend, I think you may be getting way ahead of yourself. I mean no disrespect but it appears to me like you are looking to run before you learn to walk. You question is very basic which tells me that you do not understand some basic in order flow or harmonics that have been covered here in this thread I also made a video specifically on a Bat pattern. It's on youtube here is the link. https://www.youtube.com/watch?v=2iNMxabQj_s I ask you to fully understand the fundamentals first before you risk any capital. I will not...Ignored
Thank you so much for the video.
I don't mind with your answer. It really opens my eye.
I think I will start watching your video and start reading from the beginning.
From the video,
I realize my mistake
1. It seems I don't consider about the Order Flow as on your video, my AU setup is against the Trend.
2. The X point should be the Swing
3. What I learn, it's better to identify the Trend on the higher TF and try to find a Pattern in lower TF that follow the higher TF trend. Do I get it correctly?
Look forward to stay here for long time
Thank you!
Update:
Get a Bullish Bat Pattern on the lower TF of AU.
Some reasons:
1. Higher TF show a bullish trend.
2. The X leg is a Higher High (Could it be considered as Swing?)
3. There is a lower low on the left side.
Do my reasons is strong enough?
Please correct me if there is something missing or wrong.
Thanks!