Hey found what I think is bat on US30 daily (represented by yellow) and a potential ABCD (represented by pink). I've entered already but figured I'd share it. Final tp's being between 32683 and 32733 before it goes back long.
Strictly opinion I'm still learning and mastering my craft so critique and comments are welcome. Thanks.
Its all about the wave structures!
As a Technical Analyst I identify patterns and harmonics to give us a higher probability of an outcome before they happen rather than talking about it in hindsight!
Here you can see on the 4hr chart the Bullish Bat Harmonic with a type 2 return underperforming and maturing into a Bearish Bat Harmonic that has a PCZ OF $114.72
Active Trade Set Up (previously private)
Bullish Bat Harmonic with a type 2 return on a level of support with Hidden Bullish Divergence on the MacD and an Inverse Head and Shoulders pattern maturing at the PCZ of the Harmonic
BTCUSDT Short term Long trade
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Entry : 60700
TP 1 : 66323
TP 2 : 71632
SL : Tight
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Stick to Stoploss , Becuase this is high risk trade and if SL Hit we can ReEnter Deeper for better proofit.
BTCUSDT Bullish Bat Harmonical Time Frame 15m-1h
Entry 59200
Target 62800
R/R Ratio : 6.5
Get Confirmition For Entry with RSI & MacD Bullish Divergence on Point D
- This is Only for Short Term TRADING -
Ali Dastafkan
I see some rejections at this level, we can set a sell position, SL above .93. Tps: 0.92, 0.91, 0.90, 0.89
We're at 5th wave+BAT formation, I am expecting ABC corrections to 0.89 levels (61.8%).
See you soon!
