Hi Traders, Investors and Speculators of the Charts 📈📉
Harmonic Bat Patterns or Cypher Patterns are a great way to setup a trade, if you can spot them. They are generally hard to spot, but plotting one out gives you a clear entry, stop loss and three TP (take profit) levels. GMXUSDT is already past the entry and the first TP, but TP 2 and TP 3 are still possible.
Here's a little bit more info on what to look out for on a Harmonic Bat Pattern :
And if you're looking for a quick masterclass on Harmonic Patterns bullish and bearish, find it here :
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