A Bearish Bat is a harmonic pattern used in technical analysis to identify potential reversal points in a financial market. It is based on Fibonacci retracement levels and consists of four price swings, creating a specific geometric shape that resembles a bat. Here's a breakdown of the pattern:
XA: The initial price move up. AB: The retracement of the XA move, typically between 38.2% to 50% of the XA leg. BC: The retracement of the AB move, typically between 38.2% to 88.6% of the AB leg. CD: The final move, which is an extension of the BC move and should be between 161.8% to 261.8% of the BC leg, or a retracement of 88.6% of the XA leg. The Bearish Bat pattern indicates a potential reversal from an uptrend to a downtrend. Traders often look for the pattern to complete at the D point, where they might consider entering a short position.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.