NASDAQ:NVDA is potentially forming a bullish bat variation of the Gartley harmonic, within a pennant on the four-hour chart. As long as the earnings low at point B is maintained, there is potential for a reversal to point C next week, corresponding to the upper trendline from all-time highs.
The USD/CHF pair is currently exhibiting a Bullish Bat Harmonic Pattern on the daily chart, which is aligned with a key support area. This setup suggests potential bullish momentum in the coming sessions, supported by multiple technical indicators.
Harmonic Pattern Analysis:
The Bullish Bat Harmonic Pattern is identified, signaling a potential reversal from the...
Hello traders, I hope you're all doing well. Below is my analysis of the EURNZD pair and a detailed plan on how I intend to capitalize on this trading opportunity.
1. Pattern : Bullish Bat on EURNZD.
2. Completion : The pattern reaches completion at point D, which is approximately at 1.81178 on the chart.
3. PRZ Zone : The potential reversal zone for...
Hello traders,
A number of harmonic patterns are surfacing today. Here is my analysis of a clear bullish Bat pattern spotted on the EURJPY Pair. The Bullish Bat pattern is a harmonic pattern used in technical analysis to predict potential reversal zones. The EURJPY pair has formed this pattern with the following parameters:
X = 168.022
A = 170.293
B...
USDJPY is still pretty bullish, but for those looking to short, here's what I'm watching:
Daily Chart:
- Signal : Retest of the broken trendline
- Entry : Wait for MCC
1-Hourly Chart :
- Bearish Deep Gartley Pattern at 157.33
- Conservative Entry : Wait for MCC, preferably a retest on the PRZ (Potential Reversal Zone) with RSI Divergence
What's your...
A lot of traders aren't familiar with Harmonic Bands ; to be fair, they don't appear frequently.
Here's what I'm looking at:
AUDUSD H4 Chart:
- Short Entry: 0.6666
- Long Entry: 0.6600
Target on the opposite end.
What's your trade plan for AUDUSD? Share your thoughts and strategies in the comments below!
Happy trading!
Hello Traders,
Trust trading has been great for you all. Here is my brief analysis of the AUDCHF pair.
The AUDCHF pair shows a bullish bat pattern, indicating a potential upward reversal. This pattern was spotted in February and has been responsible for the upward rally noticed on the pair since the first week of February. There appears to be more room to the...
Wheat 2 years after topping out at the PCZ of a Bearish Shark that initiated a downtrend in 2022, has now come back to the top side of the range wheat traded in between the years of 2016 and 2020 before ultimately confirming the bottom at the PCZ of a Bullish Deep Gartley in 2019 and breaking free to the upside of the trading range in late 2020.
Now that wheat...
This week, I'm eyeing a potential buying opportunity on NZDUSD, and here's my trade plan:
1. Bullish 5-0 Pattern on Weekly Chart: The NZDUSD is currently in the zone of the Bullish 5-0 Pattern on the Weekly Chart, signaling a potential buying opportunity.
2. 4-hourly Chart Setup: The 4-hourly chart presents a candlestick confirmation at the Potential...
#BAT
The price is moving in a bearish flag on the 12-hour frame
We also have a good penetration and therefore we seek stability
above moving average 100
We have a major support area at the 0.2100 level
We have a positive divergence on RSI
Entry area 0.2330
The first target is 0.2356
The second target is 0.2547
The fourth target is 0.2704
LSE:ONE has completed a bullish bat and sprung above the prior resistance, which is a historical key level, it is now testing that resistance as support.
It is possible that we go back down to the pcz of the harmonic to complete a type two return, hence why the stoploss is below that pcz. Having said that we are in an actionable area now so we plan to monitor it...
Is AUDNZD getting bid after massive sell rally?
As the price is been on strong bearish trend but now it seems like price is getting some bullish momentum after reaching at support level and simultaneously has completed bullish harmonic pattern.
If the bulls took control , the 1st target could be 1.07500 followed by 1.0800.
What you guys think of it?
A beautiful Bullish Bat pattern on Luncusdt. however trade on this coin is too risky , the profit is sweet. remember that , when price riches D point, RSI must be under 30 .
Natural Gas Futures aggressively gapped down into support during the first hour of this week's trading and looks to be ready to form some MACD Bullish Divergence leading into the rest of the week. I think there is a good chance that Natural Gas at least undoes this decline and rises back up to $2.5 this week, but overall if this ends up being a major bottom I'd...
VBTYZ create postive BAT Harmonic patern
Buy area : 108 ~ 115
T1 : 123 (1.HEDEF)
T2 : 128.8 (2.HEDEF)
STOP LOSS : close below < 108
THIS IS NOT A RECOMMENDATION IT'S JUST MY VISION ABOUT THE STOCK
GOOD LUCK
MRO on the intraday is showing signs of Bullish Divergence on both the MACD and RSI at the potential HOP level of a Bullish Bat. If this plays out I think it could make a move up towards $25
There is a Bullish Piercing Line at the PCZ of a Bullish Bat that is visible on the Quarterly time frame. We also have MACD and RSI Bullish Divergence to go along with it as well as Increasing Volume. This could be the start of something big for the price action and I speculate that shares of Walgreens could rise up to around $58 over the coming months.
