Bullish Bat
BullishReversalAdvancedA shallow pullback, then a deep drop to 88.6% of the rally. The buy sits just above X.
No verdictBitcoin 4H: 1 trades, won 0%, avg trade −5.0% vs random day +1.1% (too few trades to judge). Backtest
Price bottoms at X and rallies to A.
step 1/8
Trade rules
| Direction | Long (buy) |
|---|---|
| Entry | B at 38.2-50% of XA, C at 38.2-88.6% of AB, D at 88.6% of XA with CD 1.618-2.618x BC (each ±5%). Once price bounces 2% off D (2.5% on stocks), a candle CLOSES above the high of the D candle within 5 candles. |
| Cancelled if | Price trades below D before that close. No pattern if price climbs back above C before D, falls more than 5% past the 88.6% level, or D takes longer than X to C took. |
| Target | 61.8% of A to D, projected from the breakout |
3 common mistakes
- Confusing it with a Gartley: a Bat's B is shallower and its D is deeper.
- Buying in the middle of the CD drop, long before 88.6%.
- Moving the stop lower when price nears X.
Backtest
same rules every time · equal size · no fees · method| Market | Trades | Won | Avg trade | Random day |
|---|---|---|---|---|
| Bitcoin · 4H · 2017-2026 · too few trades to judge | 1 | 0% | −5.04% | +1.08% |
| US large caps (50) · 1D · 2016-2026 · too few trades to judge | 9 | 89% | +2.72% | +0.65% |
No verdictNot enough signals to judge.