Bullish Bat in MCX
Rules of bullish bat
B retraces 0.382 to 0.5 of XA.
BC retraces 0.382 to 0.886 of AB.
CD is a 1.618 to 2.618 extension of AB
D is at a 0.886 retracement of XA
But in our chart there will be small differences and deviation but according to the adjustments the ratio need to be matched .
However with perfect ratios it is rare to find but most of the time with some deviation it works
B retraces 0.382 to 0.5 of XA.
BC retraces 0.382 to 0.886 of AB.
CD is a 1.618 to 2.618 extension of AB
D is at a 0.886 retracement of XA
But in our chart there will be small differences and deviation but according to the adjustments the ratio need to be matched .
However with perfect ratios it is rare to find but most of the time with some deviation it works
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