A bearish bat pattern is almost complete with PRZ at good resistance level. RSI is almost at overbought level as well. R:R at 1.3 (TP1) and 2.2 (TP2). Good luck.
On the daily GBPCAD a bearish bat has formed its C leg , from this point the market will go up to the 1.8256 area before dropping. Two trades are likely we buy from this C LEG and Sell from the D leg completion at 1.8256 . Swingers will find this set up as lovly as i did... cheers, look for evidence before trading, yours truly the harmonic prophet lol )
On the 1hr chart AUDUSD a bearish bat has formed. I am expecting some retest before the move down. Looking for bearish evidence before shorting. Looks like a great trade for this week, keep your eyes open, cheers.
On the 4hr a bearish bat has formed. Am expecting the D leg to complete immediately the prices retest the 112.000 psychological level. Looking for bearish evidence before shorting this pair. Use proper money management. Cheers
Entered long at 5913 on bullish bat forming 2 days ago, now we have a kumo cross, TK cross, cloud breakout and RSI breakout all bullish. The OBV still cant get above the level that held as support since October 2017. Bearish Bat could possibly be forming as well after the next leg of this movement up. I am bullish up to 7.5k if RSI resistance can turn to support...
Bearish Bat Possible to extend further $6850 Needs to break 6600 area. 12:40pm UTC+1 Grand Cross aspect forms 6:06AM UTC+1 Grand Cross pattern breaks
USDCAD has been on a strong uptrend. The uptrend momentum is now cooling down and we expect a pullback . Previous weekly candle gives as a signal of a short term pullback. The formation of the bullish bat is also a strong indicator. entry = within the red zone stop loss = 1.3460 (just above the D - leg) target 1 = 1.2963 (38.2 % ) target 2 = 1.2689 (61.8%) For...
Bear Bat formation spotted with RSI Div
We've got another bat formation on the daily chart, this time we're looking at USD/CAD. Price is 300 pips away from the PRZ so this is one to keep on the watch list... It has a lot of potential. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 XA Retracement: 0.886 We're looking at a 1.618...
Bearish Bat almost completed on USDSGD Wait for some kind of confirmation inside the blue box.
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Almost completed a bearish Bat on EUR/CAD
Hi guys, not so much on my charts these days (at least for my eyes), but i've been able to find this nice setup on the hourly chart. It's a bearish bat formation that's going to complete in a strong structure level (both daily and 4H) and i'm going to get in as soon as the price will touch the D completion point because of the higher trend and because it's a nice...
I will be updating EURAUD ideas. Follow me and check the related ideas below to learn more details.
Spotted completed bearish bat pattern on FX:EURAUD , bounced off 0.886XA retracement nicely.
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GBP/JPY RSI OVERBOUGHT RSI Divergence 50% Fib Resistance BAT Pattern