EURAUD, 1hr, a potential Bat pattern – idea and Edu.
Looking at this potential bearish Bat pattern with great pivot points defining an almost optimal Bat pattern .
The B point is close to 50%, we have a distinct startingpoint for X and, we are in a downtrend.
Also, we have price levels, to your left, that has been tested couple of times falling at the same level as 88.6% – the most important level for a Bat….