The new harmonic pattern found: Bullish Bat Pattern [.886/.5/.707/2.0] on EURUSD H4, and support/resistance levels are: X; A; B; C; D.
Bullish
Bat Retracement
Tolerance
#1
1 – Pesavento pattern
2 – Gartley pattern
1 – Pesavento pattern
2 – Gartley pattern
Bullish Bat (Retracement)
XD= .886
AB= .5
BC= .707
CD= 2.0
Bullish
Bat Rules
XD= .886
AB= .382 – .5
BC= .382 – .5
CD= 1.618 – 2.618
Bullish
Bat PRZ and Target (TP-Take Profit)
XD PRZ= .886
CD PRZ= 2.0
Target= .707
Price
Range
#1
1.16606 < Range of the prices D < 1.17136 (price range= 530 pips)
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| Bullish Bat Pattern turned into Bearish White Swan #1 |
