Harmonic bat pattern in 1DTF => Price hits reversal zone => Price near weekly demand zone
USDJPY Weekly Short Trade: Bearish Bat completed US 10 yr Yiled Reversed NFP data is bad Bearish Pin bar Formed Therefore, Short USDJPY TP1: 142.10 TP2: 136.40 TP3: 129.76 TP4: 116 (Long Term Target) Cheers
hello traders what do you think about this analysis gold 🪙🥇 support Levi's?? resistance Levi's?? 👇👇👇🚨 Gold price enjoyed a good two-way price movement on Wednesday, advancing toward the $2,000 mark ahead of the Fed policy announcements, as the US Dollar stalled its recovery mode amid sluggish US Treasury bond yields and a mixed market mood. However, Gold price...
RIL is the process of BAT formation. Above 2495, a bull will take a control and Below 2440, bear is going to take a control. And if bears take a control we can see the stock correcting to almost 2330 levels (a 4.5 % correction) till Mid October'23. Do keep a watch on important levels of the stock
In 1DTF, Harmonic bat pattern formed. Prize hits weekly demand zone.
In the upcoming week, the spotlight might be on NZDJPY, particularly for those who lean towards structure-based trading methods. In this scenario, we marry technical analysis with the art of trading. Observations: A keen eye at the support level reveals an ABCD pattern checkback on the 4-hourly chart, situated at 86.84. For Fib-3 Bat enthusiasts, a...
IGL Day time frame => Near weekly demand zone => Harmonic bat pattern hits the price reversal zone
In 4 HTF, Relaince heading towards 0.886 level reversal( Bat Pattern)
Near weekly demand zone => Harmonic bat pattern in 1DTF
- the sentiment now is rather gloomy, but do you think this may come true???
Hello All, There seems to be a confluence of patterns that are all lining up at one point on the charts, 31.1k. The Bat in Red, Shark in Blue, and Butterfly in Purple. There surely will be a reaction at this level. Whether this is a pivot to see lower low's past the 24k mark is unknown. There certainly will be a reaction up here though. Thanks for viewing my Idea!
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- Business sentiment still weak, but first signals of recovery appearing - Investors sentiment rather gloomy, however no more rate hikes expected - All major indices in downtrend and all at important support levels (except HK50) - DAX at Bullish BUT D-Point and at FR 0.382. If support cluster is broken, next one goes down to 14250 and next to 13640
There is a Confluence of a Bullish Butterfly and a smaller Bullish Bat visible on the 5-day and Weekly timeframes on the JXY as the RSI ticks out of the oversold zone for the 4th time at this level while making higher lows each time. It would seem as if the JXY is confirming to us that it has reached a Harmonic Bottom and is preparing to rise up to some of the...
USDCAD presents multiple potential opportunities, with a current focus on a shorting prospect. Weekly Chart Influence: The weekly chart displays a Double Top Retracement, guiding the overarching trading decision. Approach Considerations: While an aggressive trade might opt for an immediate shorting entry, I'm choosing a more cautious...
The entirety of the NZDUSD landscape is signalling a potential shorting opportunity. Technical Insights: The volatility trendline, once a counter-trend reference, has been breached and closed below. Now, we await a retest of this trendline as an entry point for a shorting opportunity. Extended Target: For those inclined, extending the target...
The USDJPY pair continues its strong bullish movement, even on the Weekly Chart, reaffirming the prevailing uptrend. Counter-Trend Strategy: As a counter-trend trader by nature, I'm on the lookout for shorting opportunities. Trade Possibilities: Weekly Chart: A potential Bearish Fib-3 Bat pattern could offer an entry point for a pullback...
Weekly analysis indicates a sustained bullish trend for EURUSD. Trading Strategy: Monitoring the 1-hourly chart for a potential Bullish Bat Pattern with an entry point at 1.0533. Cautionary Note: It's crucial to observe that point C touches point A in the formation of the Bat Pattern. This warrants caution and prevents me from placing a...