so far completed pip by pip...
Here is the definition from Scott Carney:
Bat Pattern Elements:
• 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.
I'm also watching the butterfly on Brent see my other Idea
Here is the definition from Scott Carney:
Bat Pattern Elements:
• 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.
I'm also watching the butterfly on Brent see my other Idea
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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.