Hi guys and gals hope you are well, I posted a trading idea on 28th Feb 2020 where the priceline of Power Ledger (POWR) formed bullish Gartley on 2 day chart:

Click Here To Read Previous Article

The above trade has generated more than 40% profit sofar.

After Success Of Gartley A New Pattern Is Formed:

 Now this time on 2 hour chart the Power Ledger has formed bullish BAT pattern and entered in potential reversal zone to move up.

The BAT Pattern:

Click Here To Visit Tradingvew To Access Complete Chart

Lest’s dig the pattern deeper to see how perfect this pattern is formed:

After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move.

 Buying And Sell Targets:

The buying and sell targets according to harmonic BAT pattern should be:

Buy between: 0.00001152 to 0.00001138 sats

Sell between: 0.00001184 to 0.00001233 sats

Stop Loss:

The potential reversal zone area which is up to to 0.00001233 sats can be used as stop loss in case of complete candle stick closes below this level.

Guys the trade just has been executed: