golshanpour
Long

Harmonic Pattern

TVC:DXY   US-Dollar Währungsindex
an alt pat need a B point at 0.382 or lower
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@BLUE43, no an alt bat need a B point at 0.382 or higher to 0.50 , not lower
The B point retracement must be a 0.382 retracement or less of the XA leg.
notice to this link , thanks
https://www.you-forex.com/bat--alt-bat.html
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BLUE43 golshanpour
@golshanpour, https://harmonictrader.com/harmonic-patterns/alternate-bat-pattern/
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@BLUE43, dear friend, tell me what means this " or less of the XA leg" ?!
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BLUE43 golshanpour
@golshanpour, The B point retracement must be a 0.382 retracement or less of the XA leg
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BLUE43 BLUE43
@BLUE43, that mean it has to be at 0.382 max or lower in case of an alt bat. The calculation of the retracement is made on the XA leg
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BLUE43 BLUE43
@BLUE43, on the harmo patterns on range the principe is veryl simple, lower is the B retracement higher is the D point and inverse, for ex 0.382 or less for B give 1.13 on D for a altbat, 0.5-0.382 on B give an 0.886 for a bat, 0.618 on B gives 0.786 for a Gart
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@BLUE43, ok thanks a lot
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