I have spotted a formation on EURCAD that looks a lot like a Gartley Bat. I am not 100% convinced due to point C being lower than point A. Is this allowed? All the other points look good, especially as CD is 0.866 (ish) of XA.
Also, it looks like the reversal may have already started.
I am new to these harmonic patterns and would appreciate some guidance from the community. Have I captured a bat or is it a white elephant?
Also, it looks like the reversal may have already started.
I am new to these harmonic patterns and would appreciate some guidance from the community. Have I captured a bat or is it a white elephant?