I’m not kidding, there really is such a pattern.
The Batman pattern, or Batman’s cowl, is aptly named after the shape of the helmet donned by the said superhero. Some say that it is a variant of the double top pattern, and can be traded the same way.

On a sidenote, this dark knight did stage a strong rise later in the US session, retracing the drop during the Europe session and heading to test the previous swing high.

ALL YOU NEED TO KNOW ABOUT TRADING!

Hi, Spencer here! 😀

After making my first million at 28, and trading & teaching across 60+ countries, I have consolidated my knowledge and experience to create the most comprehensive & practical guides for profitable trading, compiled from thousands of books, websites, courses, and interviews with professionals.

comment-img As a former professional trader in private equity and proprietary funds, I have over 15 years of market experience, and have been featured on more than 20 occasions in the media.
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