A bearish bat setup for a trend trading trade, not quite sure at this moment if you would love to short it right away when market open or wait for further confirmation(that's more for me) as I have spotted all GBP related pair has a relatively strong bullish candle before market closes on Saturday(Singapore Time). More read up on Brexit related topic on Bloomberg...
HI BIG PLAYERS, today I am very glade to present you about my new wave indicator. Attached to the programming code of my Wolfe Waves indicator, yet I have also created harmonic patterns indicator with auto lines functions. Unfortunately I achieve the limits of TradingView's Pinescript - this is why I code for every harmonic pattern an own indicator. Here I...
Bat complete and Cypher nearly at the buying zone .. possible long coming
Having the current candle movement, the market does suggest a potential breakout and close above the resistance. My EA pattern recognition software I've been testing for 1-year plus picked this up as you can see it spotted a bigger picture that can't even fit the entire bat in the chart. Definitely a countertrend setup on this. If you had read the previous...
EUR NZD - The pair is within a Bearish BAT Pattern on Hourly Charts. Waiting for price to reach the PRZ which is marked. Will see the price action when price reaches PRZ and then can take a call on going Short
USDSGD potential bearish bat pattern around 1.3917 will be a good area to short SL : 1.3927 TP : Follow arrow
A bearish bat pattern waited for weeks. Right now, there is an ascending triangle setup. Having a long shadow candle after a bullish candle is troubling, though all is good as no trade has been engaged in this setup. If the market is well-supported on the bullish trendline, it will be a good consideration for me to engage the trade. What's your trade plan?...
A bearish bat pattern traded on the type2 setup within the profit trend line. The 1st extended target of the bearish bat has already hit the target with 80pips of profit. When to extend and when not you may think? I could help, all you need is to ask and I'll head you to the direction you are looking for. Profit of course. With the final profit hit for the...
A bearish shark on the 1-hourly chart will be the 1st level of resistance for a shorting opportunity. On the 4-hourly chart a bearish bat setup for another trend trading opportunity. Let's see how the market reverse and head towards the trading opportunity. If all do well, the bearish shark should hit by Wednesday this week.
I do see a likelihood of GBPUSD head lower towards the butterfly pattern before heading up to the bat pattern. That, of course, is the best-case scenario for the trade. Whichever form up should give a great trading opportunity. Bullish Butterfly acts as a countertrend trade and Bearish Bat as a trend trading opportunity. You can see how the trade develop from...
Bearish Bat trading opportunity on this setup. To many harmonic patterns traders, this bearish bat might already be invalid but not for me. The red line act as a Profit Trend Line, if you don't know what is Profit Trend Line then you might have learned this from the wrong source. It is still valid for a short because it does show a series of lower-high and RSI...
- Entry is at the 88.6 fib from the market high. - QML entry (Quasimodo Level) - The buy from the C leg has TP levels that align with this zone as a Fib cluster - Institutional supply zone - Bat pattern harmonic completion
A bearish bat with my favorite ascending triangle can be a bit tricky for the decision making for this setup. I will wait and see how the market react at the blue trendline, a break and close below the blue trendline will make the ascending triangle invalid, however, if the market didn't break and close below the bullish trendline(blue) I will unlikely let place...
A bearish bat as a countertrend trade within the double sell zone with an RSI Divergence made it even better. This reminds me of the good old day where both my AUDUSD and NZDUSD have RSI Divergence, AUDUSD within the sell zone but NZDUSD broke the sell zone. At that moment I have gotten myself mentally prepared that 1 will hit profit and another most likely a...
A bearish bat pattern shows up in GBPAUD 4-hourly chart. It is a type 2 retest of the bat pattern with RSI Divergence, not to mention it trial near to the previous sell zone. Great consideration for countertrend trade especially for traders who had missed the previous entry opportunity.
I´m looking for this bearish BAT pattern on BTC. PRZ is in zone 11 100$ - 11 300. Target Fib. retracement 382 and 618. What do you think about this set up? Let me know in comments bellow.
A bearish bat setup as a trend trading opportunity on EURUSD. What interest me is the consolidation occurs after pt B and pt C are formed. This gives a potential bullish flag formation hitting an AB=CD setup. Sadly the RSI is not on the oversold area, so I have to watch this closely. It will have a great reward:risk, however, I do believe is a torturous wait for...