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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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