I've identified a Bat Pattern retest on the NZDJPY, representing a counter-trend trading setup. This trade is categorized as a combo trade due to the presence of a bearish shark pattern retest on the weekly chart. In this instance, I've opted for an aggressive approach , meaning I'm engaging in the trade before waiting for candlestick confirmation. The...
In this trade, I'm taking a counter-trend approach, spiced up with a touch of adventure on my second target. The convergence of the Fib-3 Bat Pattern with the Deep Gartley Pattern setup is a remarkable alignment. The addition of RSI Divergence serves as the icing on the cake. Once the market reaches my first target, I'll be making the prudent move of shifting my...
the detail is shown in the above Chart. I made this Idea based on Candlestick Analysis and Fibonacci Tool. TSLA sellers were able to break the support line for buyers at the 0.618 gold level. Therefore we can expect that TSLA buyers are ready in level 1.27 and 1.618 and buyers at the level 195 $ were able to rise TSLA price to around level 0.786 ...
This week, GBPAUD introduces an element of confusion into the FX market. On the Daily Chart, two opposing trading setups vie for attention. There's the Bearish Flag Pattern, offering a shorting opportunity, yet simultaneously, a Type2 Bullish Fib3 Bat Pattern emerges. With the right filter, one can discern which trading setup is likely to be the more profitable...
The Bearish Fib-3 Bat formation on the Weekly chart certainly catches the eye, particularly with the presence of a long-shadow candle. However, it's important to acknowledge that the trading setup remains unconfirmed. Waiting for confirmation may entail missing out on potential profits, to the tune of 200 pips. Here are some strategic considerations: Option...
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...
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!
BITSTAMP:BTCUSD BINANCE:BTCUSD CME:BTC1! COINBASE:BTCUSD What’s Bitcoin? Bitcoin is a decentralized digital currency that operates on a network of computers, eliminating the need for intermediaries or central authorities. It was introduced in 2009 by an anonymous individual or group known as Satoshi Nakamoto, who outlined the concept in a white paper...
- 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...