Trends/Fibonacci and harmonic patterns

Bat pattern

A five-point shape that ends with D at 88.6% of the first leg, a deeper pullback than the Gartley.

Fibonacci and harmonic patternsBest on 6M, 1Y, 3YAlso called Bat harmonic
Bat pattern diagramIllustration of the Bat pattern shape. It is a sketch, not real price data.XABCD88.6% of XA
Illustration of the Bat pattern shape. It is a sketch, not real price data.

What it shows

The Bat was defined by Scott Carney. Its B point retraces only 38.2% to 50% of XA, and D reaches 88.6% of XA, close to the start.

The tight B and the deep D are what separate it from the Gartley.

How we find it

The same code that draws it on your chart follows these steps, with the same result every time.

  1. Find five alternating swing points X, A, B, C, D.
  2. B must be 38.2% to 50% of XA.
  3. C must be 38.2% to 88.6% of AB.
  4. D must be 88.6% of XA (±5%) and CD must be 161.8% to 261.8% of BC.

Starting values: Ratio tolerance ±5%; B 38.2% to 50% of XA; D 88.6% of XA. These are proposed and will be tuned on real price data before launch.

How to read it

  • Dots are the five points.
  • B is shallow. D ends close to X but not beyond it.
  • Dashed lines show the ratio triangles.

Status labels you may see

LabelWhat it means
Pattern formingPoints X through C match, D has not been reached.
Pattern completeD matches the ratio rule.
InvalidatedPrice closed beyond X.

What cancels it

A close beyond point X.

What traders check next

  • How close D is to X.
  • What happened at D.
  • Whether other levels agree with D.

Limits

  • D sits very close to X, so the pattern fails quickly if wrong.
  • Tolerance lets many shapes qualify.
  • Rarely tested in research.

Try it in forecastviz

  • Open any ticker and choose Fibonacci and harmonic patterns → Bat pattern in the left menu.
  • Switch between 6M, 1Y, 3Y to see how the picture changes.
  • Compare with Gartley pattern and Alternate Bat pattern on the same chart.

Questions

How is it different from a Gartley?

The Bat's B is shallower and D is at 88.6% instead of 78.6%.

Is there a downward version?

Yes, the mirror image.

Related trends

Further reading

  • Boroden, Fibonacci Trading
  • Carney, Harmonic Trading
  • Murphy, Technical Analysis of the Financial Markets

Educational only. Not financial advice, and not a price forecast. Charts are drawn by code from past price data, which may be delayed.