Glossary · Pro tools
Bat pattern
A harmonic pattern where B retraces 0.382 to 0.50 of XA and D completes at 0.886 of XA.
Why it matters
The 0.886 retracement is its defining number: a deep retest of X that often turns sharply. The Alternate Bat has a shallower B and a D just beyond X, at 1.13 of XA.
How to read it
The 0.886 level is the key number; the stop limit is 1.13 of XA (1.27 for the Alternate Bat).
Also called: alternate bat
Related
In the Cluenex app, this explanation opens next to every bat pattern figure, with the live reading for the stock you are looking at. Open it in Cluenex