SPHS Bearish Bat on daily chart
tradingview.com/chart/6h8Rsc56/
Chart meets criteria of the Bearish Bat
1. B retracement 38.2% of XA leg.
2. C retracement 88.6% of AB leg.
3. if C=88.6% retracement of AB leg ==> CD should be 261.8% extension of BC_ leg
4. D should be 88.6% retracement of XA leg.
Chart meets criteria of the Bearish Bat
1. B retracement 38.2% of XA leg.
2. C retracement 88.6% of AB leg.
3. if C=88.6% retracement of AB leg ==> CD should be 261.8% extension of BC_ leg
4. D should be 88.6% retracement of XA leg.
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