Bullish Bat Pattern setup that is great for counter-trend traders to engage the trade. Wait for candlestick pattern confirmation to engage the trade.
Analysis of #AUDUSD A Bullish harmonic butterfly pattern near the entry point for a buy but it still not test inside the support zone, be careful if you want to take the pattern as might extend below the low before reversing to close inside the zone ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to...
This Bullish Bat Pattern could be a counter-trend trading opportunity for counter-trend traders. It is good to take conservative target for the 1st target.
After the Bearish run from the Bearish Crab Pattern, the market may consolidate at 1.0500 before the next move. At that level, there is a Bullish Bat Pattern that traders can wait for a counter-trend trading opportunity. Conservative trader could wait for a retest before engage the trade.
The only thing holding Ape back from a 10-20% move to the upside from here are the moving averages i would buy here and put my stop below last week's low.
Those who are in the Gold trade like I do will see that the market retest the previous resistance. What is important for us is to observe a break and close above $1869.66 on the daily chart and today the market once again comes close to this level. At night(depends on where you are), there is a US NFP happening at 8.30pm(GMT+8) which could affect our trade. Place...
A bullish bat formation in XAUUSD will reverse the downtrend to new highs.
The Bat pattern is a retracement and continuation pattern that occurs when a trend temporarily reverses its direction but then continues on its original course.it gives you the opportunity to enter the market at a good price, just as the pattern ends and the trend resumes, and has a bullish and bearish version. we can enter short C to D, and Long from the D leg.
There is RSI Bullish Divergence at the PCZ of a Bullish Bat that's Visible on the Weekly Timeframe. This may also signal the beginning of a moderate pullback within the DXY as initially, I expect the DXY to show a Negative Correlation with Rising US BOND prices.
The LUNA/BTC pair is showing a potential for a Bullish Gartley and Bat on the 2 hour and Below while the RSI sits at literally 0 this could be a sign of Bullish things to come.
GBPAUD is in an interesting position, it is almost at its midway of a Bearish Gartley Pattern on the daily chart that completes at 1.7974 and a Bullish Bat Pattern on the 4-hourly chart. Either pattern complete shouldn't invalidate the pattern in this trading setup. It is important if you have the experience and know what you are doing before you plan to extend...
A Bullish Bat Pattern on Gold gives a great opportunity for trend traders to take action. Due to volatility, I trade 10x lesser in terms of trading exposure on Gold compared to my usual Forex exposure. How about you? Will you engage in the Gold Trade NOW? or would you wait for next week market confirmation?
A Bullish Bat Pattern could be an opportunity for traders who are bullish on US Dollar to get involved. Conservative traders can wait for the candle close at 129.17 and retest back at 129.05 for a buying opportunity.
With the recent rise, a bat pattern in bitcoin on the 15min has been forming. If it gets backs to the 30k level it looks to be a great pattern to look to trade. According to Scott Carney, harmonic trader, from harmonictrader.com, states the Bullish Bat pattern completes at the .886 XA retracement with in this case a complementary a 1.618ABCD extension in the PRZ....
Are you bullish on Gold? It may sound funny but Gold is an emotional product. If you are looking for buying opportunity, you can consider waiting and engaging the trade at $1814.38.
Pintrest is at a very interesting area and we are already getting a bit of a Bullish reaction here once the MACD crosses Bullish on the Daily we should see some nice follow-through
Verizon is certainly one to keep an eye on as it is at the Demand Zone of an Equidistant Channel that happens to be Confluent with a PCZ of a Bullish Bat Harmonic; I'v been watching and waiting a long time for it it for this Confluence Zone to be hit and now that it has i'v just bought 500 shares and am ready to take my chances here.
A bullish gartley & bullish bat confirms the long entry in a correction sequence for a while, it may reverse from the 0.618 level.