This would have been a Nice Bat structure with the exception of the C leg exceeding past 0.886 and even violating the A leg by a few pips. so why am i sharing this idea? im still watching to see if we will get bullish momentum from this harmonic support. Speculative.
Bat Pattern Elements:
• B point at a less than a 0.618 retracement of XA, preferably a distinct 50% or 38.2% retracement. • BC projection must be at least 1.618. • AB=CD pattern is usually extended. • 0.886 XA retracement. • C point with range between 0.382 and 0.886.
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