🧨 Alternate Bat Harmonic Pattern – ALT Bat Indicator on #TradingView | [#TradingFinder]

#indicator #metatrader #forextips

Developed by TradingFinder and available on the TradingView platform, the Alternate Bat Harmonic Pattern Indicator is designed for traders seeking precision in identifying potential reversal zones (PRZ) across various markets, including cryptocurrencies, forex, and stocks.​

🎯Introduced by Scott Carney in 2003, this pattern refines the traditional Bat pattern by utilizing specific Fibonacci ratios—0.382 at point B and 1.13XA at point D—to more accurately determine PRZs.

The structure comprises three price movements and two corrective waves, culminating at point D, where a reversal is likely.

💎learn more:

https://www.tradingview.com/script/rNJLM4C2-Alternate-Bat-Harmonic-Pattern-TradingFinder-ALT-Bat-Indicator/

https://tradingfinder.com/products/indicators/tradingview/alternate-bat-harmonic-pattern/