Question

distinguish between butterfly and bat in target ? plz its very urgent.

Answer 1

Butterfly and Bat patterns are also known as Harmonic patterns. Butterfly pattern which is also known as W pattern, is an important reversal pattern that usually forms at the top of an uptrend. Of course, you have to notice that this pattern doesn’t always cause the market to reverse, and sometimes the trend will be continued after that. I will tell you what to do to stay away from taking wrong positions.

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