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?