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The Bat pattern is a precise harmonic pattern
discovered by Scott
Carney in 2001. The pattern incorporates the
0.886XA retracement, as the defining element in
the Potential Reversal Zone (PRZ). The B point
retracement must be less than a 0.618, preferably
a 0.50 or 0.382 of the XA leg. The Bat utilizes a
minimum 1.618BC projection. In addition, the AB=CD
pattern within the Bat is extended and usually
requires a 1.27AB=CD calculation. It is an
incredibly accurate pattern and requires a smaller
stop loss than most patterns.
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