How To Catch A Bullish Bat w/ Tools, Indicators and Strategy

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Hello everyone! Thanks for viewing! Underneath are my Quick Notes for the Audio.

Subject: Harmonic Pattern -> Bullish Bat
Example: GBPAUD
Tools Required: Fibonacci Retracement Tool

Point B, C and D must meet specific Fibonacci Ratio levels in order to validate the pattern!

Point B: 38.2% - 61.8% Retracement of Leg XA
Point C: 38.2% - 88.6% Retracement of Leg AB
Point D: 76.8% - 88.6% Retracement of Leg XA

Trade Strategy as Follows:

Long Entry - Completion of Point D
Stop Loss - At or Below Point X ( Low of Pattern )
Take Profit - 2 Options:
Conservative = Take Profit @ 50% of Leg CD
Aggressive = Take Profit @ Point C or Point A

*Bonus Set-Up at end! Be sure to tune in, like and follow for more!

For all things Currency,
Keep It Current,
With Novi Fibonacci

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