BitcoinLong
TYPE II Butterfly, TYPE I Alternate Bat, RSI BAMM
Entry is 7055
The Harmonic Alternate Bat pattern has the following characteristics which can be used to identify the Bat pattern.
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 retraces 113% of XA leg
CD leg can also be an extension of between 1.618% – 2.618% of AB leg
The Harmonic Alternate Bat pattern has the following characteristics which can be used to identify the Bat pattern.
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 retraces 113% of XA leg
CD leg can also be an extension of between 1.618% – 2.618% of AB leg
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.