Bearish bat pattern may be play by leg wise.
XA Leg : Short sl at above X
AB Leg : Long With fibo extensions use as tgt.
BC Leg : Short sl above B
CD Leg : Long sl below C or A point
Currently TCS in CD Leg.
Pattern is called Bearish Bat because price may fall once pattern all leg completed. Short at D point.
XA Leg : Short sl at above X
AB Leg : Long With fibo extensions use as tgt.
BC Leg : Short sl above B
CD Leg : Long sl below C or A point
Currently TCS in CD Leg.
Pattern is called Bearish Bat because price may fall once pattern all leg completed. Short at D point.
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