for those who keep saying that this isn't a bat pattern, well for me it isnt, a bat pattern MOST have an 50% "B" retracement. but that's my rule, some would say it gotta be a 38,2 % some would say fuck it, I don't need a "B" leg xD ( I know there are guys like this, hahaha ) but well, one MOST make their own backtesting and figure what patterns and ratios works best for you. it makes no sense to invalidate others rules of patterns becouse it isn't an exact science, or even Maths. patterns works ONLY in psycology of the market wich is driven by people feelings or sentiment. ( that's why the market is so unpredictable, becouse people usually think in diferent ways )
Loufllass and Pesavento use slightly different rules and the guys from "Trade Empowered" use different rules !