The new harmonic pattern found: Bearish Bat
Pattern [1.0/.5/.707/2.236] on EURUSD H1, April 12, 2019; and support/resistance
levels are: X; A; B; C;
D.
Bearish
Bat Retracement
Tolerance
#1
2 – Gartley pattern
1 – Pesavento pattern
1 – Pesavento pattern
2 – Gartley pattern
Bearish Bat Retracement
XD= 1.0
AB= .5
BC= .707
CD= 2.236
Bearish
Bat Rules
XD= n/a
AB= n/a
BC= n/a
CD= n/a
Bearish
Bat PRZ and Target (TP-Take Profit)
PRZ= XD 1.0; CD 2.236
Target= 1.81
Price
Range
#1
1.13177 < Range of the prices D
< 1.13243 (price range= 66 pips)
