Learning Bat Pattern
B is at least 50% retracement of XA leg, should not close above 50% retracment
C is at least 61.8% retracment of AB and no candle should close beyond 88.6% retracment
D is at 161.8% extension of AB
Target1: 38.2% retracemnt of AD leg
Target2: 61.8% retracment of AD leg
B is at least 50% retracement of XA leg, should not close above 50% retracment
C is at least 61.8% retracment of AB and no candle should close beyond 88.6% retracment
D is at 161.8% extension of AB
Target1: 38.2% retracemnt of AD leg
Target2: 61.8% retracment of AD leg
Trade ativo:
Taken position at 150
Trade fechado: stop atingido:
stoploss of 144 hit