Perfect Bat Pattern Requirements:
1. Mandatory 50% B point retracement of the XA leg.
2. Precise 0.886 D point retracement of the XA leg as the defining limit within the PRZ.
3. 2.0 BC projection.
4. Alternate 1.27 AB=CD pattern required.
5. C point should be in the 50–61.8% range.
1. Mandatory 50% B point retracement of the XA leg.
2. Precise 0.886 D point retracement of the XA leg as the defining limit within the PRZ.
3. 2.0 BC projection.
4. Alternate 1.27 AB=CD pattern required.
5. C point should be in the 50–61.8% range.
Trade active
TP1 Reached at 31779holding for TP 2 at 33386
Trade closed: target reached
TP 2 smashed to SmithereensDisclaimer
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.