A proper Bat pattern needs to fulfill the following three Fibonacci rules:

A proper Bat pattern needs to fulfill the following three Fibonacci rules:

• AB= minimum 38.2% and maximum 50% Fibonacci retracement of XA legBC= minimum 38.2% and maximum 88.6% Fibonacci retracement of AB leg
• CD= 88.6% Fibonacci retracement of XA leg or between 1.618% – 2.618 Fibonacci extension of AB leg;