Short Position is too close, when you find candle stick pattern or classic pattern, you can Press on TRIGGER. :)
MY IDEA : still, WAVE 4 is running, so do not open long position for long term (wait for big correction).
Good luck.
Hello Traders. There are two possibilities for bitcoin from my perspective.
1.- Price must meet corrective Sub Wave C as part of Wave Z. A complex triple combination correction
2.- Wave Z has already been fulfilled with a Zig-Zag. We are now in new Wave 1 to search for new historical highs (There was a channel break)
3.- Formation of a Bearish Bat Harmonic...
FUNDAMENTAL:
The company improves EBITDA YoY +9.0% but misses Q4's by -31.3%.
Net Sales (YoY) +2.6% but missed Q4 -7.0%
Outlook for 2021:
Net sales in 2021 slightly lower than in 2020.
Operating profit estimated to be lower or clearly lower than in 2020.
TECHNICAL:
Fibonacci Retracement level suggests Orion's about to break 0.618 level downwards up until 29.60...
Here we have a bearish bat on the daily. Price came up a few dozen pips from the HOP on my pattern and slightly violated the HOP on the automated pattern recognition software. Now, I know I haven't been active lately, but for those who have been following my patterns know I am not a big fan of oscillators; however, we have a double top on the AMP RSI (scott...
At this moment the market is showing a Type2 Bearish Bat Pattern, Aggressive Trader can consider a shorting opportunity for the setup. The 1 thing you need to take note of is the trendline, once it reaches the trendline level, you have to shift stop to entry, that will prevent you from making unnecessary losses.
Conservative trader can wait out for confirmation,...
This can be a choppy ride for a shorting opportunity. Aggressive traders can look for an immediate shorting opportunity, which traders who are into Reward:Risk can look to place a pending order at 0.9840.
For this to be a bearish move, the market shouldn't break and close above 0.9855, which gives conservative traders an advantage.
on 30M chart of the usdchf we have found a cup and handle pattern a bearish pattern and market is crossing below the 200 SMA and 50 days SMA is crossing downward the 100-day SMA so it's gonna be a valid entry on breakout of the handle of the cup almost forgot we also found bearish butterfly pattern on the 4H chart of the usdchf too!!
A bearish bat pattern forms up as a counter-trend trading opportunity. One thing I love about this pattern is that the completion of the pattern is at the previous structure consolidation. The concern I have on the bearish bat pattern is that Point C touches A which denote as a warning sign for the harmonic patterns traders.
Last week I have reminded you guys on a shorting opportunity on this Bat Pattern and I hope that you didn't miss the 90pips bear run which is approximately 900USD/lot traded.
In my Video Analysis, I did speak about buying on the trendline as long as the candle didn't break and close below it, that gives you an 80pips of running profit at this moment that will give...
XAUUSD, Gold, 3H --> Continue Downtrend
+Bearish BAT ( XABCD ) Pattern
+Bearish Flag
+Double Tops
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Hi guys! 👋🏻
🔔 There is a Bearish Bat pattern being formed on a 4H chart of Bitcoin.
🔔 Do not use this setup to trade, I'm not a professional harmonic pattern trader. Just want to test this idea.
🔔 I still am bullish on Bitcoin and the impulse of February 1 is yet to complete, although going long at this level is pretty risky. Waiting for a signal.
🔔 At the...
