FX:SPX500   S&P 500 index of US listed shares
bearish BAT so promising, first target the 0.382 second target its the 0.618
This isn't a Bat pattern. C leg cannot be lower then your X to A.
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AndresOspina SymmetricalTrading
a year ago
that is not a rule of the pattern, even though the c leg is shorter than x-a, i think is the perspective that can make that visual efect.

thank you for your comment
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SymmetricalTrading AndresOspina
a year ago
What rules are you following? The official rules of the pattern outlined by Carney are the following.

The Harmonic 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 can retrace up to 88.6% of XA leg
CD leg can also be an extension of between 1.618% – 2.618% of AB leg
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AndresOspina SymmetricalTrading
a year ago
yes the same rules, but you know that in the most cases all the rules cant be completed, so i try to follow the most important of them, and in none rule said that cd should be shorter than xa

thank you for comment
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