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Bearish Bat Pattern -Elliot Wave Analysis
The A-B wave should be between 38.2% and 50% Fibonacci X-A wave.
The B-C wave should be between 38.2% and 88.6% Fibonacci AB wave.
The C-D wave is at the level of 88.6% of the X-A wave or is between 161.8% and 261.8% of the B-C wave.
The B-C wave should be between 38.2% and 88.6% Fibonacci AB wave.
The C-D wave is at the level of 88.6% of the X-A wave or is between 161.8% and 261.8% of the B-C wave.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.