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.
pretty much turned right in the PRZ. ofc u can also find other patterns in there such as cypher shark and normal bat. but thats often the case. cypher and shark obvsly worked as well. the normal bat not such much.