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Bearish butterfly, gartley and bat patterns |
apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #1 Posted: Wed Jul 04, 2018 9:59 pm Post subject: Bearish butterfly, gartley and bat patterns |
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Is someone familiar with rules, targets, and sl of bearish butterfly, gartley and bat patterns? There are different images available, I'm not really clear. The attached 2 are bearish butterfly and bat patterns... And both nifty and banknifty seem to be at the last stage of forming the same.
Can anyone who uses this pattern confirm? |
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singh.ravee Yellow Belt
Joined: 12 Aug 2010 Posts: 678
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Post: #2 Posted: Wed Jul 04, 2018 11:38 pm Post subject: |
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this is correct BAT pattern. |
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singh.ravee Yellow Belt
Joined: 12 Aug 2010 Posts: 678
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Post: #3 Posted: Wed Jul 04, 2018 11:39 pm Post subject: |
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correct gartley pattern |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #4 Posted: Wed Jul 04, 2018 11:47 pm Post subject: |
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Thanks for the posts... If it's not too much trouble could you post some actual market action pattern charts... There are so many it's difficult to understand how to make the plotting.
But roughly I can make out as per gartley niftys top could be 10913 and bat 11035
But I don't know if they actually fir the rules. |
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