Guys, here's the bat advanced formation that is very close to completion.
Mind the B-point. If you trade harmonic patterns then the 0.602 B-point ratio turns the pattern into the gartley pattern . 0.602 is closer to 0.618 rather than to 0.5.
But with advanced patterns the calculation is different: until the B-point is less than 0.618 it stays a bat formation .
This leads to some differentcies in entry point. Harmonic traders already played the gartley pattern because its completion is cloer to …
Read full story
Translate to English Show original