neneram
Education

Bat , Gartley Pattern - Educational Series 2

NSE:NIFTY   Nifty 50 Index
208 views
11
208 5
Hi All,
Continue with Patterns :

Bat Pattern : XABCD are the point to be considered with following ratios

AB (fall) = 0.38 or 0.5 times XA (rise)
BC             (rise) = 0.382 or 0.886 times AB (fall)
CD (fall) = 1.618 or 2.618 times BC             (rise)

Interest point would be point D after completion of pattern as potential reversal zone (PRZ) , looking for buying opportunities after confirmation.

C can be consider as interest point in anticipation of BAT pattern formation after confirmation.

Gartley Pattern : XABCD are the point to be considered with ratios as shown in diagram

Difference in Gartley pattern and bat pattern is fall of Leg AB and fall of leg CD as shown in figure in blue color

D and C Points remain interest points for trade.
Nice explanation.
+1 Reply
Valuble information, Easily Understandable , Great thought......
+1 Reply
Excellent
+1 Reply
neneram AbhishekHSinghCMT
Reply
good work
+1 Reply
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out