Jump to: Pattern Result
Date and Arrival Time: 2021-02-22 13:40
Symbol Name: ACC
Pattern and Direction: Bullish – Alt Bat
Pattern Completion Price: 1715.25, Pattern Ideal Completion Price: 1729.55
A Completed Bullish Alt Bat has arrived at 13:40.
This is a pattern with a formation span of 6 days starting from the 2021-02-22 13:40 – 2021-02-12 09:20.
There is a potential Buy opportunity at 1715.25. A safe stop-loss for this Alt Bat can be kept at 1715.25 as per the pattern invalidation levels. PatternSurfer always advocates tight stop-losses to maintain the best risk-reward ratios .
UPDATE: 22nd February – Invalidated
Take a look at the results of this Alt Bat below. After the price maintains a level beyond the pattern invalidation level almost immediately after completion, the potential trade would be considered lossy and exited. In ideal scenarios, a trader would wait to see the price movement for the first few candles after the pattern completion, to see if the pattern completion price is respected, before deciding to enter the trade.
