As I mentioned in my Weekly Webinar Yesterday
This GBPUSD's BAT pattern is completed today
and Our Buy is in profit now.
This is a High Quality Trade which give you :
1. good entry
2. clear SL
3. Nice risk/reward Ratio
Here's an opportunity to Long AUDNZD . A Bullish Cypher is in the right leg of it's completion in AUDNZD on a Daily Time-Frame . It has Two Targets which are marked on the chart.So don't miss it.
3. Moving average 20, 50,100
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After days of sideway movement, BAT finally overcame the resistance around 4000-4200 satoshis. I expect it now to follow the new trend to atleast the resistance level (from the CB pump) around 5100-5300.
*Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.
#GNT Golem Crab Pattern in play after completing Bat Pattern.
Golem just gave point D of Bat pattern, which targets on short side are the purple small boxes and dashed lines. We did reached first targets, can't say if we will reach 2nd before reversal for it's original form - uptrend.
Once we reversal for uptrend we already have Crab pattern in play and should ...
There are two targets of this pattern. Stop loss can move to entry price when price reach the target 1. Important numbers mentioned in below;
Target 1: 0.75188
Target 2: 0.75013
Long Entry Price: 0.75477
Stop Loss: 0.75753