Quick reversals from Bat pattern PRZs are quite common.
Question of Harmonic Trader/Analyst is,
Bat Or Gartley?
Why did birth to this question?
- The Gartley Pattern required point "B "50% and 1.27AB=CD pattern required. In essence, One of the most important numbers in the pattern is the completion of point D at the 0.786 of XA.
- The Bat utilizes a BC projection that is at least 1.618 & the BC projection must not be a 1.27 but in this case, we have 1.27 AB = CD.
- The mid-point "B" at exactly 50% retracement.
- Alternate 1.27AB=CD pattern.
- BC projection 61.8%.
- The price quickly reversal seen after "D".
Question of Harmonic Trader/Analyst is,
Bat Or Gartley?
Why did birth to this question?
- The Gartley Pattern required point "B "50% and 1.27AB=CD pattern required. In essence, One of the most important numbers in the pattern is the completion of point D at the 0.786 of XA.
- The Bat utilizes a BC projection that is at least 1.618 & the BC projection must not be a 1.27 but in this case, we have 1.27 AB = CD.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.