Possible long term targets 2: 59.3 64
The Harmonic Bat is a variation to the Gartley pattern..The Harmonic Pattern Bat is made up of 5 swing points, X,A, B, C and D and come in Bullish and Bearish bat variations. The bearish version looks like an upside down and crooked W and the bullish version looks like a crooked M..
The Harmonic Bat pattern has the following characteristics:
AB leg can retrace between 38.2% – 50% of XA leg
BC leg can retrace between 38.2% – 88.6% of AB leg
CD leg can retrace up to 88.6% of XA leg
CD leg can also be an extension of between 1.618% – 2.618% of AB leg
Not a recommendation
The Harmonic Bat is a variation to the Gartley pattern..The Harmonic Pattern Bat is made up of 5 swing points, X,A, B, C and D and come in Bullish and Bearish bat variations. The bearish version looks like an upside down and crooked W and the bullish version looks like a crooked M..
The Harmonic Bat pattern has the following characteristics:
AB leg can retrace between 38.2% – 50% of XA leg
BC leg can retrace between 38.2% – 88.6% of AB leg
CD leg can retrace up to 88.6% of XA leg
CD leg can also be an extension of between 1.618% – 2.618% of AB leg
Not a recommendation
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.