Dear All Members at Tradingview ,
I have explained Bearish Bat Pattern on Charts of Nifty ; Quite Sure that you will learn something from above chart & will ask your doubts in comment box .
In Nifty , PRZ was placed at 11560 & In Intraday , We got 120+ Points Move .
Basics of Bearish Bat :
• B point at a less than a 0.618 retracement of XA, preferably a distinct 50% or 38.2% retracement.
• BC projection must be at least 1.618.
• AB=CD pattern is usually extended.
• 0.886 XA retracement.
• C point with range between 0.382 and 0.886.
Hope You will like My Idea ; Hit Like Button for Supporting & Comment your view in Comments Section .
Disclosure : I am not A SEBI Registered Technical Analyst !
Regards ,
Mohit Jangir (KBMJ)
Happy Trading !!!
I have explained Bearish Bat Pattern on Charts of Nifty ; Quite Sure that you will learn something from above chart & will ask your doubts in comment box .
In Nifty , PRZ was placed at 11560 & In Intraday , We got 120+ Points Move .
Basics of Bearish Bat :
• B point at a less than a 0.618 retracement of XA, preferably a distinct 50% or 38.2% retracement.
• BC projection must be at least 1.618.
• AB=CD pattern is usually extended.
• 0.886 XA retracement.
• C point with range between 0.382 and 0.886.
Hope You will like My Idea ; Hit Like Button for Supporting & Comment your view in Comments Section .
Disclosure : I am not A SEBI Registered Technical Analyst !
Regards ,
Mohit Jangir (KBMJ)
Happy Trading !!!
Note
1% Down Again ; Book Your Shorts near to 11,270-11,300 :)Note
Lows of 11342 ; Booking 75% of Profits :)
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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.
Publications connexes
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.