The Bullish Bat pattern is a Harmonic price formation used in technical analysis to identify potential reversal zones where a downtrend may end and a new uptrend could begin. It is defined by precise Fibonacci retracement and extension levels for each leg of the XABCD structure.
Bullish Bat Pattern Conditions
XA: The initial surge upward, forming the basis of the pattern.
AB: A retracement downward from XA, reaching 38.2% to 50% of the XA leg.
BC: A corrective move upwards, spanning 38.2% to 88.6% of the AB leg.
CD: The final decline, typically an extension of 161.8% to 261.8% of BC, but most importantly, ends at 88.6% retracement of XA. This D point is known as the Potential Reversal Zone (PRZ).
Probable reversal Point as oer HARMONIC Bullish BAT Pattern:
👉🏽 @ 25979.8 1.618 of BC Leg
👉🏽 @ 25932.7 2 of BC Leg
👉🏽 PRZ => @ 25900.7 i.e 0.886 of XA Leg
👉🏽 @ 25856.55 2.618 of BC Leg
Additional Criteria and Trade Setup
The D point forms after a significant downtrend and should ideally show signs of reversal, such as bullish candlestick patterns or divergence on oscillators like RSI/MACD.
🌈Traders typically wait for a reversal signal at the PRZ (near the 88.6% retracement of XA) before entering a long position.
🌈Stop-loss is usually placed a bit below the X point, with profit targets at various Fibonacci retracement levels of the CD leg or the C/A points for more conservative exits.
🪸At a GLANCE:
Fibonacci Levels for Bullish Bat
Leg Requirement (Bullish Bat)
XA Initial upward move
AB Retrace 38.2% to 50% of XA
BC Retrace 38.2% to 88.6% of AB
CD Extend 161.8%–261.8% of BC,
Complete at 88.6% of XA
[Level Interpretation / description:
L#1: If the candle crossed & stays above the “Buy Gen”, it is treated / considered as Bullish bias.
L#2: Possibility / Probability of REVERSAL near RLB#1 & UBTgt
L#3: If the candle stays above “Sell Gen” but below “Buy Gen”, it is treated / considered as Sidewise. Aggressive Traders can take Long position near “Sell Gen” either retesting or crossed from Below & vice-versa i.e. can take Short position near “Buy Gen” either retesting or crossed downward from Above.
L#4: If the candle crossed & stays below the “Sell Gen”, it is treated / considered a Bearish bias.
L#5: Possibility / Probability of REVERSAL near RLS#1 & USTgt
HZB (Buy side) & HZS (Sell side) => Hurdle Zone,
*** Specialty of “HZB#1, HZB#2 HZS#1 & HZS#2” is Sidewise (behaviour in Nature)
Rest Plotted and Mentioned on Chart
Color code Used:
Green =. Positive bias.
Red =. Negative bias.
RED in Between Green means Trend Finder / Momentum Change
/ CYCLE Change and Vice Versa.
Notice One thing: HOW LEVELS are Working.
Use any Momentum Indicator / Oscillatoror as you "USED to" to Take entry.
⚠️ DISCLAIMER:
The information, views, and ideas shared here are purely for educational and informational purposes only. They are not intended as investment advice or a recommendation to buy, sell, or hold any financial instruments. I am not a SEBI-registered financial adviser.
Trading and investing in the stock market involves risk, and you should do your own research and analysis. You are solely responsible for any decisions made based on this research.
"As HARD EARNED MONEY IS YOUR's, So DECISION SHOULD HAVE TO BE YOUR's".
Do comment if Helpful.
In depth Analysis will be added later (If time Permits)
Bullish Bat Pattern Conditions
XA: The initial surge upward, forming the basis of the pattern.
AB: A retracement downward from XA, reaching 38.2% to 50% of the XA leg.
BC: A corrective move upwards, spanning 38.2% to 88.6% of the AB leg.
CD: The final decline, typically an extension of 161.8% to 261.8% of BC, but most importantly, ends at 88.6% retracement of XA. This D point is known as the Potential Reversal Zone (PRZ).
Probable reversal Point as oer HARMONIC Bullish BAT Pattern:
👉🏽 @ 25979.8 1.618 of BC Leg
👉🏽 @ 25932.7 2 of BC Leg
👉🏽 PRZ => @ 25900.7 i.e 0.886 of XA Leg
👉🏽 @ 25856.55 2.618 of BC Leg
Additional Criteria and Trade Setup
The D point forms after a significant downtrend and should ideally show signs of reversal, such as bullish candlestick patterns or divergence on oscillators like RSI/MACD.
🌈Traders typically wait for a reversal signal at the PRZ (near the 88.6% retracement of XA) before entering a long position.
🌈Stop-loss is usually placed a bit below the X point, with profit targets at various Fibonacci retracement levels of the CD leg or the C/A points for more conservative exits.
🪸At a GLANCE:
Fibonacci Levels for Bullish Bat
Leg Requirement (Bullish Bat)
XA Initial upward move
AB Retrace 38.2% to 50% of XA
BC Retrace 38.2% to 88.6% of AB
CD Extend 161.8%–261.8% of BC,
Complete at 88.6% of XA
[Level Interpretation / description:
L#1: If the candle crossed & stays above the “Buy Gen”, it is treated / considered as Bullish bias.
L#2: Possibility / Probability of REVERSAL near RLB#1 & UBTgt
L#3: If the candle stays above “Sell Gen” but below “Buy Gen”, it is treated / considered as Sidewise. Aggressive Traders can take Long position near “Sell Gen” either retesting or crossed from Below & vice-versa i.e. can take Short position near “Buy Gen” either retesting or crossed downward from Above.
L#4: If the candle crossed & stays below the “Sell Gen”, it is treated / considered a Bearish bias.
L#5: Possibility / Probability of REVERSAL near RLS#1 & USTgt
HZB (Buy side) & HZS (Sell side) => Hurdle Zone,
*** Specialty of “HZB#1, HZB#2 HZS#1 & HZS#2” is Sidewise (behaviour in Nature)
Rest Plotted and Mentioned on Chart
Color code Used:
Green =. Positive bias.
Red =. Negative bias.
RED in Between Green means Trend Finder / Momentum Change
/ CYCLE Change and Vice Versa.
Notice One thing: HOW LEVELS are Working.
Use any Momentum Indicator / Oscillatoror as you "USED to" to Take entry.
⚠️ DISCLAIMER:
The information, views, and ideas shared here are purely for educational and informational purposes only. They are not intended as investment advice or a recommendation to buy, sell, or hold any financial instruments. I am not a SEBI-registered financial adviser.
Trading and investing in the stock market involves risk, and you should do your own research and analysis. You are solely responsible for any decisions made based on this research.
"As HARD EARNED MONEY IS YOUR's, So DECISION SHOULD HAVE TO BE YOUR's".
Do comment if Helpful.
In depth Analysis will be added later (If time Permits)
ノート
Past performance
ノート
Now traded @ 26084.@ 26083 - 26063 Looks Strong as Intermediate Support.
If fails 26019 - 25989 can't be tuled out.
トレード稼働中
As mentioned in IDEA published Last Night "Harmonic BULLISH BAT Pattern in Progress" & PRZ (Potential Reversal Zone) i.e Projected "D" => @ 25900.7. Today Made a Low Near That Point @ 25912.15Sharing Snap shot Link:
関連の投稿
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
関連の投稿
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。