Bitcoin bounced back from $46k levels to $50k . and it also going to make Bearish bat on 1H which can cause short pull back from 52k levels
$52k Level is a high Supply zone and the Hedge area !
This is only my observation and opinion not a financial advise !
Sharing the chart to combine the harmonics with Cycle Sniper and Breakout Sniper Indicators.
Potential Bearish Bat and Three Drives Patterns are shown on the chart.
Potential Breakout Levels as described on the chart.
I will update accorging to Cycle Sniper and Breakout Sniper signals.
Happy New Year !!
So, we continue buy Australian Dollar into this trend in H1 timeframe and well, I see a long opportunity of 100 pips. So, as the same of Euro/U.S. Dollar, we hope a bought approximately at $0.73 USD.
At the moment, we find up the level of 2.24 and 2.618 of Fibonacci to complete this bearish BAT formation.
this is trade 124 frm haidojo trading...CLOSE ATTENTION to the :
- a possible bearish bat pattern formation in hourly chart...with range to short frm 1597-1605...SL a few points abv 1605...1st tp 1587,
2nd tp 1560
fkli-aug closing close to the 1585 resistance level tdy...
resistance : 1585- 1605 (the red colored rectangle )
support : 1547-1560
this is trade 121 frm haidojo trading...2 messages here tdy...
1) a possible bearish bat pattern formation in hourly chart...with range to short frm 1597-1605...SL a few points abv 1605...1st tp 1587,
2nd tp 1560
2) lower level we have long-awaited bullish cypher pattern ranging frm 1512-1520...SL a few points below the 1500...1st tp 1560,
2nd tp 1587...
BPCL has a very good setup right now. It seems to be forming a bearish bat with the second impulse wave in the formation.
This trade has an RR Ratio of 6.82. So that pretty much is a very good number to give in.
Sell in the red region and buy back lower at the 0.382 retracement.
#NIFTY50 - These were two harmonic probabilities, I shared yesterday, and nifty closed at Bat pattern resistance zone 9490-9515.
Sgx nifty is almost flat, so nifty is gonna open flat near pattern resistance, hence resisting near those levels can take nifty to 9350 -9330 levels.
On the flip side only a decisive break of 9500 levels, will open up the next harmonic...
On the 4hr time frame GBPAUD has painted part of a Bearish Bat Pattern.
If we get a completion of the pattern by price reaching the D point be on the lookout for reversal patterns, perhaps on a smaller time frame (30m though I prefer to check the 1hr) before entering the trade.
#Litecoin is Back in #Accumulation Zone, I have been charting Major crypto for accumulation & I believe 2020 will be the year we will see some good action from #Crypto.
as you can see on the chart there are 2 possibilities, we are in process of building a Bearish BAT that should pump the price from the support level of 36-25$ all the way to...
Price closed above EMA50
Inverse Head And Shoulders Pattern became validated.
Potential Retest of the broken neckline is a buying opportunity.
Take Profit is as described in the chart.
Potential Breakout of TP1 could confirm TP2 and Potential Bearish Bat.
Invalidation of Inverse H&S is described.
Strong Yen as a safe haven however a...