i think id draw the BC from from the highs at 0:00 rather than the way u drew it. that way we have a nice lineup with the 2.618 extention of the BC leg at the 886. but the entry is ofc stillt he same. nice spot
well a bat pattern is also valid at the 38.2 http://www.harmonictrader.com/price_patternsbat.htm
thats the guy that orginally published the bat pattern. but i also know that there are ppl out there that only trade the 0.5 and why not, if it works for you.
true, he acknowledges the 38.2 retracment as a possible retracment level too tho. he even later published another pattern that only uses the 38.2 and looks for a 113 XA extention completion point, the alt bat.