Stop loss and target are mentioned on chart
Stop loss and targets are mentioned on chart.
Alt Bat Pattern probably Forming. Gold still up.
Our last call was Long GBPUSD and we have reached our second target. GBPUSD ended the week at 1.28840. A Bearish Alt Bat on M30 chart indicating a small retracement. If the pair break below 1.2878, we may see the price testing 1.2863 and 1.28550. The Overview of the bigger charts: Our last call was Long GBPUSD and we have reached our second target. GBPUSD...
UK Data does not meet expectations. Bearish continuation is predicted. Potential Retracement Levels of Cable: Bullish Swan at 1.2810 Bullish Alt Bat 1.28300
BANKNIFTY price action shows AltBat pattern completion at 113% extension. Looking for a minimum of 38.2% retracement. If price falls further from 38.2%, next targets to consider are 50% & 61.8%. 61.8% retracement target comes at a previous support level.
Dragon Testing the resistance Bearish Alt Bat completed. As described on the chart. Good Luck
BTCUSD - Small Short Opportunity - AltBatPattern Complete Alt bat pattern is completed at 113 extension. RSI and Macd showing bearish divergence , looking for a minimum of 38.2% retracement .
Stop loss and targets are mentioned on graph.
It reached BAT Pattern D point. And olsa Big Trend Line waiting there. I'm waiting short from here. Maybe it can go Alternate Bat Target (%25) -DYOR -YTD Good Luck -Yusuf Deli
Looking to short Alt Bat, and the setup is below the reisistance.
Setup Entry: 1.2928 Stoploss: 1.2887 (41 pips) Target 1: 1.3037 (1:2.66) Target 2: 1.3104 (1:4.29) Target 3: 1.3152 (1:5.46) Caution If the stoploss is too big, downsize you positions!
Major Head & Shoulders is in formation for Right Shoulder to be completed at 0.618 of the entire bullish impulse, which is also retracement 0.382 of the Deep Bat Pattern (Alternate Bat) Alternate Bat Pattern confirmations: - A-B must touch 0.5, but cannot touch 0.618 - B-C must touch 0.618, but cannot exceed A (FIbo A-B) or just keep an eye on that 0.236 - D...
Back again with some more technical analysis. This time on what I believe to be an Alternate Bat on the EURCHF 4hr. I will be keeping my eye on this one over the next week.
bullish alt bat requirements A-C 0.382 -> 0.886 X-B 0.382 B-D 2.0 -> 3.618 X-D 1.13 Now wouldn't that be bang on the 78.6 fib level?
trying to apply harmonics in the past to learn from real scenarios
The alternate bat pattern is a pattern I rarely spot. This setup on USDCAD is great in a few ways. 1. Trending (Downtrend) 2. VSA principles pointing at further downside At the PRZ of this alternate bat pattern, there was a double top yesterday. At the 2nd top, there was a decent increase in vol with no further increase in price. This is a classic short...