Notice the price action during the CD leg. It’s a bearish leg and we can see a swift reversal that occurred upon reaching the 78% retracement of the XA leg. That would be the Bat pattern signal for entering a long trade.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.