Bat , Gartley Pattern - Educational Series 2

NSE:NIFTY   Nifty 50 Index
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
+1 Reply
neneram AbhishekHSinghCMT
good work
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out