Forex Harmonic Bat and 5-0 Patterns.

in Harmonic Patterns - 04 Apr, 2015

by paul - no comments

April #Forex #EURCAD #Harmonic Patterns

Some nice setups here as we started the month alerted by our forex harmonic alerts module:

Firstly a Harmonic Bat pattern was alerted.

EURCAD Harmonic Bat Alert

We then had a Harmonic 5-0 Pattern alerted while the Bat pattern was in progress.

EURCAD Harmonic 5-0 Alert

Here they are on the chart.

EURCAD Harmonic Bat and 5-0 Patterns

You can see that the start of the Bat pattern came right out of the demand zone and the 5-0 added to the upmove where resistance turned into support.