A five-point XABCD harmonic reversal. The tell is the asymmetry: a shallow retracement at B and a deep one at D. Fade the reversal at the deep D zone with the stop just beyond X, which keeps risk tightly capped.
The Bat is a harmonic reversal pattern that connects five points (XABCD) by Fibonacci ratios.
It is one of the patterns devised by Scott Carney, named for its resemblance to a bat's wings.
The skeleton is built from four legs: an initial wave X→A, its retracement A→B, a re-push B→C, and a final extension C→D.
The tell of the pattern is an asymmetry: a shallow retracement at B and a deep one at D.
B holds to a shallow 0.382 to 0.50 retracement of X→A, while the final D reaches a deep 0.886 of X→A.
This "shallow B, deep D" combination is the decisive fingerprint that separates the Bat from the very similar Gartley.
You read the PRZ (potential reversal zone) at D as the point where price turns, then enter in the original trend direction from there.
Because the stop can sit just beyond X, the Bat lets you keep risk small even though you are entering at a deep D, which is its key advantage.
How to Read
OANDA:USDJPY
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