bat model

Elements of the bat model:

Point B at 0.382 – 0.50
Type AB=CD – AB=CD-1.618 AB=CD
D correction of BC at 1.618 – 2.618
D correction of XA at ​​0.886
Stop Loss > 1.13X (based on AB = CD)

Explanation of the elements of the bat model

1. Correction of point B of leg XA at 0.382, 0.5
2. Correction of point C of leg AB at 0.382, 0.5, 0.618, 0.786, 0.886
3. Correction of point D of leg XA at 0.886
4. Correction of point D of the page at 1.618, 2, 2.24, 2.618

Notes on the bat model:

1. Predict a possible reversal zone test (PRZ), point D of the XA leg at 0.886 With minimum AB = CD
2. The initial test to complete the pattern could be close to the retracement of point D of the XA section at 1.
3. Use the XA section’s point D retracement at 1.13 as a measure of your stop loss.
4. The price action should reverse immediately after testing the retracement of point D of the XA section at 0.886.
5. XA Leg Point B Correction Tolerance max +/-5% (0.5)

Lesson 7: Pattern AB=CD نموذج
Lesson 8: The Gartley Model
Lesson 9: Bat Model
Lesson 10: Alternative bat
Lesson 11: The Cancer Model
Lesson 12: Deep Crab
Lesson 13: Butterfly Patterns