After the market moved to the upside, hitting the 2nd target for the previous Bullish Bat, the market now offering (according to the data provided by Tradingview) yet ANOTHER Bat pattern opportunity however to the downside! Please note!: check the data on your trading platform as though on here the requirements necessary to fulfill a Bat pattern have been met, on...
Bullish Bat completed on the 1hr which is my reason for entry, however my long term bias is long and have a higher initial target 90 pip risk / 230 reward
A bearish bat pattern is about to complete, wait for RSI to hit overbought level. PRZ is at a good mini resistance level. R:R at 1.4 (TP1) and 2.5 (TP2). Good luck.
A potential bearish bat pattern is spotted on NZDUSD, similar to my earlier post for AUDUSD. This pattern will take slightly longer to complete, but it shot up quite a bit as I was typing. PRZ is at a good resistance level based on H4 chart. R:R at 1.9. Good luck.
Now audjpy is oversold, rsi is indicating bullish divergence and we have a valid bat. i'm lookin for long target in 87.00
XAUUSD ( GOLD / USD) - H4, Bearish Harmonic Patterns
In 4 hour chart, the BAT pattern has been formed. The current price action seems good. The price is also got support on the uptrend line. Wait to see if there is 0.618 or XYAB to get better entry point if you miss the original position at 1.2207 like me. E: 1.2207 (orig) S: 1.2150 TP1: 1.2329 TP2: 1.2404
Cable is bouncing around some important MA's on multiple time frames. I like the resistance above current levels so a short is appealing based on R/R. TP at bat completion. Cheers
A bullish bat pattern is about to complete, RSI is already at oversold level. PRZ is at a good support level. Not ambitious on this on as the Commitments of Traders reports on USD shorts have risen. DO note that federal funds rate and NFP announcements will be released this Thursday and Friday. Please trade with caution. R:R at 1.8. Good luck.
Hey traders, On the EURUSD we have a potential harmonic pattern. It may already have been completed though. However, I want to wait until it gets closer to the 38.2% Fib retracement for a better risk to reward ratio.
Bullish bat harmonic on TRSTBTC. Hitting the 0.786 fib retracement on the way down of previous move up. Looking for a target of at least 0.618 of the retracement of the move down which also has a gap.
Bat Advanced formations x2
CADCHF - H4, Potential Bullish Harmonic Pattern
2 targets for USDJPY. SL below the X leg good luck ;)
Spotted a pattern on 30-minute chart. A potential bullish bat pattern is completing soon, RSI on its way to oversold region. R:R at 1.5 (TP1) and 2.5 (TP2). Good luck.
D Leg complete. Long to 110.00