Perfect illustartion of Bat Pattern. Education

BHARAT HEAVY ELECTNSE

Description

⋅ Dec 7, 2020 5:15 AM

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 pattern within the Bat pattern is extended and usually requires a 1.27 AB=CD calculation. It is an incredibly accurate pattern and requires a smaller stop loss than most patterns.

Comment

⋅ Dec 9, 2020 6:22 AM

High - 37.5 (target achieved)

Trade closed: target reached

⋅ Dec 22, 2020 6:37 AM

Comments

om005

⋅ Dec 7, 2020 5:35 AM

@Kinnari_Prajapati Thank you so much for introducing various patterns.
Can you please share view on nifty and banknifty....

Trade-Technique

⋅ Dec 7, 2020 9:33 AM

@om005, Ok i ll do it later or tomorrow.

fibtea_127

⋅ Dec 7, 2020 9:33 PM

@Kinnari_Prajapati, hello.. where can I actually learn this all the various technical analyses as you do??

apusarla

⋅ Dec 9, 2020 12:40 PM

@Kinnari_Prajapati, Hi Kinnari,....Anand here.....what is the best way to reach you?

apusarla

⋅ Dec 9, 2020 12:02 PM

Hi Kinnari,....Anand here.....what is the best way to reach you?

hendrichschatz

⋅ Dec 9, 2020 6:21 AM

why don't you mention stop loss and target in your analysis...?

Trade-Technique

⋅ Dec 9, 2020 6:24 AM

@hendrichschatz, because pattern late.

arunnhsb

⋅ Dec 8, 2020 2:08 PM

Brilliant , what's the long term prediction....
Is it good to invest now, have been waiting since 29

Kawardeep

⋅ Dec 8, 2020 11:05 AM

Are you bullish on it?

ada0492

⋅ Dec 13, 2020 2:23 PM

@Kawardeep, yes it's bullish