I'm waiting for the Bearish Bat setup within the NZDJPY that enable me to engage a shorting opportunity at 86.25; however, if the market slide towards 84.30, it does offer a buying opportunity after the completion of the Bullish Gartley Pattern. Both Bat Pattern and Gartley Pattern are the usual Harmonic Patterns that I am comfortable engaging.
If you are in my community, you would know that I am still bullish on the US Dollar. However, I did say that I expected a sharp retracement in USD, and it seems like it has happened. However, I know some of you might be waiting for a Shorting opportunity well, a Bearish Bat Pattern that completes at 151.22 might allow you to go on a short-term shorting opportunity.
TVS Motors is looking like it will come to retest it support of 1100 and may break it comfortably to test 1000 Only rational behind it is the huge RSI divergence View violated if breaks out RSI trendline
Banknifty has forming BAT pattern on Daily Levels to short is 41250-41280 T1 40650 T2 40250 SL 41750 above DCB
Hi traders, NZDUSD is setting up for a downside move i am expecting from price to come around our mentioned bat pattern completion and also a third touch of trendline area, watch price action on the top and look for a short position opportunity if price drop from the current area and break 0.55126 level without hiting our mentioned entry level then this setup will...
Hi traders, AUDCHF is setting up for a downside move watch price to complete our pattern and look price action on the top for a short position opportunity if price drop from the current area and break 0.62298 level without hiting our mentioned entry level then this setup will be invalidate. If you are taking this trade so please i request you trade with your...
Last week's video analysis I did talk about this Bearish Bat Pattern. If you have engage this trade, congratulation, you have gain close to 100pips of profits. Don't worry if you have not engage on this Bat Pattern, you can wait for a retest at 83.50. A retest Bat Pattern is also known as Type2 Pattern. Usually, the movement of such setup is more gentle than the...
Pattern is already complete and showing rejection from PRZ. We have also a trendline and a previous structure as resistance. If this idea is useful please like and follow. Best Regards.
im done with my analysis for tomorrow morning. and I'm pretty certain that im only gonna trade bearish side trades. if market moves towards upwards direction then I wont be taking any trades. what your view on it..?
Twitter seems to be pumping on speculated Elon news again and is at a PCZ of a Potential Bearish Bat. So long as the stock doesn't pump in the next pre-market i will be once again buying fresh ITM puts valid for a few months.
Inverted head and shoulder on Patanjali foods Close below 1300 could be a good short candidate
I believe silver has completed a bearish Bat Harmonic Pattern. More downside to come imo. I marked where I believe the sell zone is and stop loss. Cheers!
Last Friday, I shared this analysis in Tradingview; the comment I received is lovely yet scary. The reader felt that the Bat Pattern had completed and seemed like he had engaged in the trade. Oh nooo!! First of all, no matter who the analyst was, never follow their trading ideas blindly. Secondly, for the Bearish Bat Pattern to be valid, the market has to touch...
A Bearish Bat setup within the sell zone work well for trend traders. Consolidation before completion could be a warning sign for the Bat Pattern trader; hence traders must wait for confirmation in the PRZ zone and not to rush into this Harmonic Pattern without waiting for further confirmation.
This Bearish Bat would have me believe that the VIX Bullish Butterfly Rally will come to an end and go back down to atleast the area of $28.50 but i wouldn't be surprised if it went into the lower $20s if this played out. For more context this was formerly a Bullish trade Setup but now it's reached the target and we are looking for a retrace downward...
The Potential Bearish Bat setup on the 1hourly allows the "latecomer" to engage the trade and die-hard traders who got involved on the Bearish Deep Gartley Pattern a chance to increase their position without increasing their risk. That said, candlestick pattern confirmation is essential before entering the trade, even though the Bat Pattern is formed within the sell zone.
Hi Traders, Investors and Speculators 📉📈 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 In today's analysis, we'll look at a different way to speculate the next immediate price action of an asset : the...