Everything is possible. Do it at your own risk
Hey guys, a bearish bat pattern may be forming. PRZ is at a good resistance level. Crude oil is gradually rising, so we might not see a pattern completion. Anyway, R:R at 1.7. Good luck.
on the AUD/NZD 240min chart I spotted a Bearish Bat Pattern. The completion of the Bearish Bat Pattern offers a trading advantage and a chance to sell the AUD/NZD .
A potential bearish bat pattern is forming. R:R at 1.5 (TP1) and 2.5 (TP2). Good luck.
There is a potential bat pattern at USDJPY in the 60 minutes chart. If price clears full PRZ, watch if PRZ is respected by the market and check for RSI overbought confluence. If PRZ is fully touched, RSI is overbought and then falls below 70 within 5-6 candles, enter the market. Ensure to enter above 111.624 to maintain at least a RR of 1:1 on TP1. Max SL will...
Another bearish harmonic pattern within the wedge consolidation for bitcoin - this time a bearish bat pattern. Still looking for a breakdown in bitcoin to 12250 or 11500 minimum next.
here is another bat out of the cave! If it completely fills, we are looking at a possible bearish drop. I am looking for a retracement to a structural target. If it does not push past resistance at the red orb, I will trade it as a Double Top.
A bearish bat pattern might complete by next week. PRZ at good resistance level, RSI reaching overbought level. Nice R:R at 2 (TP1) and 3.3 (TP2). Good luck and have a good weekend.
A bearish bat pattern seems to be forming, RSI is halfway to overbought level. PRZ is at a good resistance zone. R:R at 1.6 (TP1) and 2.7 (TP2). Good luck.
I will keep updating CADJPY ideas. Follow me and check the related ideas below to learn the longer-term CADJPY plan. Good luck.
Bear Bat showing up on 15min chart. I projected point D and then target price 1 and 2 after that.
OANDA:GBPUSD Possibly a good bearish bat has formed on this pair, if this is the case we can expect a strong rally. I have place my stop loss well above X, as you should bare in mind previous mid-term high around 1.36 area. I set my targets at 1.3320 and 1.3099