tntsunrise
Short

OIL BAT pattern and buyer failure spotted.

FX:USOIL   Crude Oil (WTI)
2295 14 43
OIL             Tried twice but can not make a higher high.
If the price breaks the trend line , it will furthur decline.
and a retest to the purple line is expected.
Also there is a BAT pattern going to be completed
at 34.70
We can enter a short if the blue line is broken
and enter long at the BAT completion.
Good Luck!
Comment: Short at 37.10 after the blue line is broken.
Comment: Close Shorting Position at 34.80
Ready to Long at 34.70
Trade active: Entered at 34.70
Join Projack's Student Group:
http://www.harmonicasia.com/index/course.html
Youtube:
https://www.youtube.com/playlist?list=PLN0GYK-_EO5Z3Xzp6Sk1bmfzckpkJ5NCx
FB: https://www.facebook.com/groups/projacksg/
QQ Group: 609224828
I have just started to learn harmonic patterns...now I can never unsee these patterns :) Thanks Jack
Reply
tntsunrise TOP jackson424
keep it up!
+1 Reply
Hehe I found the same Bat today after seeing this Butterfly on Crude that would have approx the same completion point if price moves together like it did the last days :)

possible bullish butterfly
Reply
Fibtree Fibtree
I meant in Brent of course ... anyway here is my Bat but I think you posted yours earlier :)

Bullish Bat in WTI possible, would also close the gap
Reply
Thanks for chart.
Reply
tntsunrise TOP jangseohee
GOOD JOB!
+1 Reply
tntsunrise TOP jangseohee
true. i am also thinking the gap will be filled
+1 Reply
Thursday's price spike respected the trend line so we're still looking for this Bat to complete, correct?
Reply
Fibtree I_see_BTC
well, I certainly do and I though the same as you
Reply
Fibtree Fibtree
maybe I should add that according to harmonics the trend line is not really important, the PA may not go above the current C and certainly not the current A point. Also PA may not close above 88.6 BC retrace for the bat to remain valid. :)
Reply
what target you aiming?
Reply
what must be the SL?
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out