This is 1hr time frame of a bat pattern with the PRZ (Price Reversal Zone) at the Murray Math 8/8; showing that the price is likely to reverse at this level ,which the entry confirmation of this trade still depend on where the price is on the daily and 4hrs MML, I will only watch when the Gruppy short term moving averages cross over the long term moving average(blue) at this point I will go short as the chart is seen below, if the pattern still fail there are tendency I will still long which still depends another indicator such juice to indicate wether there is momentum.
Monday, July 09, 2007
Gartley bat pattern
Posted by Michael at 1:03 PM
Subscribe to:
Post Comments (Atom)
1 comment:
Are you using metatrader for trading? How did you get the shaded triangles up there?
Post a Comment