U.S. DOLLAR / TURKISH LIRA big Jump weekly chart
Bullish Bat Pattern
Bat Pattern Rules
Point B of a typical Bat pattern ranges from 0.382 to 0.50 retracement of the XA swing.
And…
BC= 38.2% to 88.6% Fibonacci retracement of the AB leg.
CD= 88.6% Fibonacci retracement of the XA leg.
And CD must also represent 1.618 – 2.618 Fibonacci extension of the AB leg.
Bat Pattern Rules
Point B of a typical Bat pattern ranges from 0.382 to 0.50 retracement of the XA swing.
And…
BC= 38.2% to 88.6% Fibonacci retracement of the AB leg.
CD= 88.6% Fibonacci retracement of the XA leg.
And CD must also represent 1.618 – 2.618 Fibonacci extension of the AB leg.
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