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Bat Pattern

Bat Pattern Rules And Trade Examples in Forex

March 3, 2017 by Stelian

Bat Pattern Rules And Trade Examples in Forex

The Bat pattern is a popular harmonic pattern. It looks similar to the Gartley pattern. But uses different Fibonacci ratios. The most distinctive feature of this pattern is that point B doesn’t reach 50% Fibonacci retracement of the XA leg. And secondly, this particular pattern represents a deep retest of support / resistance. After that, a sharp reversal […]

Filed Under: Harmonic Patterns Tagged With: Bat Pattern

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