The Dollar Canada pair offers a chance to capitalize on a bit of consolidation after an uptrend movement. Upon examining the daily chart, there appears to be a retest of the previous resistance, indicating a favorable buying opportunity for counter-trend traders. The 4-hour chart shows a retest of the support area, which could potentially lead to a harmonic...
We have officially gotten PPO Confirmation at the Bearish Bat PCZ, as a result, I am now convicted to this trade and am even willing to lower my target back down to $42.99. We have broken trend on the PPO and Confirmed an Arrow at the PCZ; a move down to $42.99 would be the completion of a Perfect AB=CD BAMM and the Bearish Bat here just may act as our Early C...
The VIX has formed a Bullish Bat and is currently trading at the HOP level with PPO Confirmation and MACD Bullish Divergence. If it plays out, I think the VIX could at least see $15 again.
Looking like a Bat and Shark setup to hit a trend line that has formed a bearish descending triangle. Larger Bat in play down to 20k. Thanks for viewing. Please see larger time frame in the comments
Here, the Ratios provide a hidden gem. The spx acceleration should become bullish.
Bearish Bat on CI You can ride the journey on CD as the final leg of the bearish bat pattern completes. TP1: 88.6 % of XA when the bearish bat pattern is complete. If trend turns bearish at that point, CI can be shorted all the way down to 38.2% of AD and then to 61.8% of AD. If the uptrend continues ie. beyond TP1, the pattern will then be a crab pattern....
We have confirmed the partial rise of the Ascending Broadening Wedge and have failed to break above the major support/resistance level. I now expect the price of LTC to go even lower than 40 and perhaps to around $25-$19 as that would be the HOP level of the Bullish Bat it is currently BAMMing from, but it is possible we get a reaction at around $35 as that would...
Monthly chart of FMX Bearish bat pattern is complete on FMX. Price may fall to .382 Fib level ie about 100. Thereafter, it may go to .618 Fib level ie. about 80.
The overall outlook for USDJPY leans towards a bullish trajectory. However, this week's strategies are tailored for counter-trend traders. For position traders, keep an eye out for a potential Bearish Bat Pattern forming at 149.28. Exercise patience and await confirmation before making a move. Zooming into the 4-hour chart, an ABCD Pattern coupled with an RSI...
in 4 hours time Close above the range of 0.002876, you can take long for higher targets Follow to be updated✅🤩✅
SPY Hourly Chart: I see a bearish bat pattern on SPY. SPY started an uptrend in the latter part of 6 September after a downtrend which started a week ago. This uptrend is likely to continue with a few minor downswings till third week of September when point D of the pattern is reached. SPY would then be in the range of 455-456. Thereafter, the scenario...
We have XABC, and almost D. Lets set a limit order. SL: 15 pips. TP: 15, 30, 45, 60 pips. What is the Bat harmonic pattern? The pattern is a 5-point retracement structure that was discovered in 2001 by Scott Carney. It has particular Fibonacci measurements for every point within its structure. It is necessary to note that D is not a point, but rather a zone...
A bullish Butterfly and Bat patterns is formed on the EURUSD pair. Price have entered the price revesal zones. We might see a reversal towards the prices highlighted on the right.
Ladies & Gentlemen, Please fasten your seatbelts, we are going to the moon :D clear BAT pattern clear targets add buy layers in the green zone SL clear in the chart Good luck My favorite pattern so far
🌟 Weekly Chart: - Consolidation since March 2022. - Patient trading can earn you 609 pips. - Ideal for traders looking for longer-term gains. 📊 Daily Chart: - Consolidation within the zone. - Trading within this zone brings 104 pips. - Great potential for 1-2 weeks of trading. 💡 Trading Opportunities: - Weekly chart: Bearish shark pattern in play. - Daily chart:...
📊 Weekly Chart: Bearish bat pattern suggests shorting at 149.33. 📈 Daily Chart: Bullish movement, no shorting opportunity. 📉 Four Hour Chart: ABCD pattern at 147.76, potential shorting level. 🕐 One Hour Chart: Bullish bat pattern with running profits. 🌟 Weekly Chart Insight: - Bearish bat pattern for potential shorting. - Waiting for confirmation at higher...
📊 Weekly Chart: Long shadow at support, prior resistance. 📈 Daily Chart: ABCD pattern, respecting support. 🕓 Four Hour Chart: Counter-trend trade possibility. ⏳ One Hour Chart: Bullish bat pattern, wait for confirmation. 🌟 Weekly Chart Insight: - Market stands still in buy zone. - Different from Eurodollar. 📊 Daily Chart: - ABCD pattern, support respected. -...
The PPO is on a path to giving us a Bearish Confirmation just below the HOP level of this Bearish Bat. If the Trend Line breaks on the PPO, we will likely see the WTI come crashing down to at least $75 but at most $65