Bearish alt bat formation will raise odds for nice move down after breaking high. Please take into account the yellow trendline. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your strategy to the pip. 3) Invest to yourself and then your capital. Try to educate yourself along with the signals and enhance your risk intelligence...
I but it with the alt. bat pattern. But, you see, it is a little RR However, i buy it a little size, If it can break up this line, i will put order more.
Completion of alternate bearish bat pattern. Price action in potential reversal zone looks bearish with the potential formation of a dark cloud cover pattern.
Active Bearish Alt Bat on NZDCAD Sell @0.9380 TP1 @0.9350 TP2 @0.9325
Interesting time fib setup on this pair, the two moves shown with dotted lines have both their 1,382 at last friday's bar. Price is outside the weekly and daily bollinger bands. There is also an alternate bat with a potent pi extension, credits to @jolicoeur342 on that one. I started a small position here, but will add on subsequent signals, keep you updated. Good luck.
Wait for your signal to enter, I believe this might go to the 0,618 CD retrace, close to the pitchfork channel. I also think there is a chance for a stronger downward pressure after that point. I will publish later on. It's possible that DXY will bring some help to this, watch it. Good luck, and thanks for your comments.
1. Small Elliott2 =Entry 2. Higher High => Up Trend 3. Alt Bat Bullish Prz 113% CL1! cl2! FOREXCOM:WTIUSD usoil
1. Bullish Reversal Pattern Morning star Candle 2. Bullish Harmonic pattern Alt BAT 113% CL1! cl2! usoil wtiusd
Today we are looking at a bullish alternate bat on the 1D chart with CHF/JPY. With price creating a lower low, we can expect price to makes it's way down to D point an reverse. Alternate bats are a powerful pattern, and indicate huge trend reversals. Risk Ratio - 1:6 The measurements for a valid alternate bat pattern are detailed below. B: 0.382 C: 0.382 -...
Hello Traders, I have spotted alternate bat pattern on GBPUSD hourly chart. Potential Reversal Zone (PRZ) overlaps with previous structure support. It looks like a high probable area for reversal. This potential set-up has a risk/reward ratio of 1:1.4 for Target-1 and 1:2.2 for Target-2. Follow this idea for further updates. Happy Trading.
Hey guys, if you have been following my analysis, there is a trend you will see. 1. I always follow up on my analysis 2. It is systematic with a proven trading system which is Harmonics + Price Action Observation 1. NFP failed to push AUDUSD to my short target around 0.7750. 2. It created a nice double top which also has a bearish divergence in RSI Pattern...
Wait for price to hit Point D of the Bullish Alternate Bat and For RSI BAMM to be Confirmed with divergence and go long on this. RSI have to go lower than the 30 level marked with a green line but not lower than the previous low marked with a red circle on the chart.
Bearish Alternate Bat Setup Complete Tp1 0.382 Fib Retra AD Tp2 0.618 Fib Retra AD
Here we have a beautiful high probability bullish setup A nice bullish Alternate Bat setup Potential Half major price rejection at 1.25000 Potential target 1 at the Minor price at 1.26000 Trade safely guys ! (For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)
Here we have a beautiful high probability bearish setup A nice bearish Alternate Bat setup Potential Minor price rejection at 54.00 Potential target 1 at the Larger price at 52.45 Trade safely guys !
#EURUSD 3 Harmonic Patterns Completing in Same Area EUR is bearish as DXY is still going up.