The Bat is defined by the .886 retracement of move XA as Potential Reversal Zone. The Bat pattern has the following qualities: Move AB should be the .382 or .500 retracement of move XA. Move BC can be either .382 or .886 retracement of move AB. If the retracement of move BC is .382 of move AB, then CD should be 1.618 extension of move BC. Consequently, if move BC...
This is an example of Channel Up and M Pattern (Bullish Bat). Found that M Pattern (Bullish Bat) within Channel Up. Pattern already touches PRZ (orange) and completed TP1 and TP2 (lime). Indicator used : 1. Regression Channel Alternative MTF 2. HH-LL ZZ 3. XABCD Harmonic Pattern Custom Range Interactive
The BAT pattern gets its name from the bat-shaped end product. Identified by Scott Carney in 2001, the BAT pattern is made up of precise elements that identify PRZs. The bat harmonic pattern follows different Fibonacci ratios. One of the major ways to differentiate it from a Cypher pattern is the B point which, if it doesn’t go above the 50 percent Fibonacci...
The BAT pattern gets its name from the bat-shaped end product. Identified by Scott Carney in 2001, the BAT pattern is made up of precise elements that identify PRZs. The bat harmonic pattern follows different Fibonacci ratios. One of the major ways to differentiate it from a Cypher pattern is the B point which, if it doesn’t go above the 50 percent Fibonacci...
Harmonic Patterns we have so many kinds of “Harmonic Pattern”: Black Swan Bat Crab Butterfly Gartly White Swan Shark Zero_Five Cypher Double Top Double Bottom 📚👌🏻 Each one of them has its unique Fibonacci levels. ⚡️ Do you want to know them? 😍 Happy to see what you find in the charts, please share yours with us
The A-B wave should be between 38.2% and 50% Fibonacci X-A wave. The B-C wave should be between 38.2% and 88.6% Fibonacci AB wave. The C-D wave is at the level of 88.6% of the X-A wave or is between 161.8% and 261.8% of the B-C wave.
When Bullish Bat appears, it is more confident to Take Profit. TP1 is 0.382. TP2 will be 0.618. The early entry can be at the Bullish Engulfing at the bottom. Because of the trend has manage to break 0.618, it is successful to about making a new Bullish trend here. This tutorial come with Analysis. :) Look for Buy opportunity now. Let's ride this...
Acceleration Bands Serve as a trading envelope that factors The standard setting is 20 candles. They can be used across any time period as breakout indicators outside these bands. Acceleration Bands are plotted around a simple moving average as the midpoint, and the upper and lower bands are of equal distance from this midpoint. Can be used in both growth and...
In this series of chart patterns, we have taken a look at the more traditional ones. However, we have not yet discussed harmonic patterns. Harmonic patterns form a part of the numerous chart patterns available for the identification of reversal points. The practice of trading using harmonic patterns is often defined as "Harmonic Trading". We felt like it was an...
I hope the information regarding the harmonic pattern Bat will serve you. It is what I have learned regarding this pattern, personally, I use it as another confirmation but not as my operation. I used it in a graph because sometimes with just the figure it is difficult to detect it on the graph. I hope it worked for you thank you very much. @ScottCarney The...
How to trade when you see the Bat pattern? Before trying and trading the pattern, confirm from this checklist that the pattern is real. It should include these vital elements: An AB=CD pattern or an extension of this pattern An 88.6 percent Fibonacci retracement of the X-A leg A 161.8 to 261.8 percent Fibonacci extension of the B-C leg Next will be to look at how...
What is the Alternate Bat harmonic pattern? The alternate bat pattern is a variation of the Gartley pattern. Scott Carney developed it in 2003. It is popular for incorporating the 1.13XA retracement as the defining element in the Potential Reversal Zone (PRZ). The alternate bat harmonic pattern is one of the most precise trading patterns that works exceptionally...
The Bat Pattern, is a precise harmonic pattern discovered by Scott Carney in 2001 The pattern incorporates the 0.886XA retracement, as the defining element in the Potential Reversal Zone (PRZ). The B point retracement must be less than a 0.618, preferably a 0.50 or 0.382 of the XA leg. The Bat utilizes a minimum 1.618BC projection. In addition, the AB=CD...
This chart looks quite clumsy displaying so many levels, but option sometimes, hence bear with me... In yesterday's post, I talked about banknifty had crab pattern on intra charts and if it sustains above 21400, it can move towards 21550 and index would trend only above 21560. What happened today: Index opened above our second level, i.e 21550, above which we had...
FairChem Speciality daily chart has a Bat Pattern Probability Bat pattern is the most common and frequent pattern among all other harmonic patterns and the best part is,it gives you a better risk: reward ratio. .886 Fib Retracement of XA leg and 2.618 projections of BC leg , whenever these two ratios aligns in close proximity, it provides a tight zone to...
SBI Card Formed Bat Pattern on the daily chart with a precise prz in the area of 740 . This Pattern possessed three levels in tight zone of 735 - 742. The Bat is the most common and precise pattern and requires a smaller stop loss than other patterns.The 0.886 XA retracement is the most critical level in the Bearish Bat pattern. I Always wait for the entire...
In this video, I talk about how to utilize volume analysis combined with harmonic patterns. I also talk about how I will trade the Audusd next week, alot depends on this critical trendline which I will talk in detail in the video. Hope you guys enjoy it, wish all of you good luck and good trading!
Dears, I am so sorry as it is a long time I don't send any chart as I was busy with my new website. as there many friends they ask me about EURJPY and we want to tell them this what I can see from this chart. and very good luck to all of you.