Short and Re-short TP2 OK Sell the pullback Buy the Bullish Bat
A Bullish Bat opportunity has formed on the daily chart(right) as a counter-trend trading opportunity. Is better for the candle to close above to PRZ before engaging this trade but it does affect the profit ratio. On the left, we can see a beautiful RSI Divergence, it does comfort some of us who might have already in this trade. Whichever it is, let's see how...
2 counter-trend trading opportunity, a bullish bat and an ABCD pattern. Breakout trader can look for an aggressive selling opportunity, conservative trend trader can look for a retracement before engaging the trade.
A countertrend setup on EURJPY, great consideration counter-trend traders to engage for a buying opportunity as a bullish bat setup.
A bullish bat pattern setting on a counter-trend trading, however on an ABCD pattern, it has a deeper completion. Having a deeper entry means a lesser stop and in turn, it shows a better reward: risk, but on the flip side, you may miss the trade, your trading plan, your call.
Bullish bat pattern setup as a counter-trend trade long waited for the pattern since 17 April 2019, finally, it is close. Active followers would have seen this setup 3months back. That's what I do, analyse and wait.
10 days to FOMC Meeting Let's post this chart and follow Forming Gartley and Bat on H4 I will update!
EURUSD formed a bullish bat pattern and there's an inside bar wait for inside bar break up for entry at 1.1213 SL : 1.1192 TP : Follow arrow
I'm waiting for strong SGD and weaker USD to be in my favour for some exchange rate decision and such analysis are also extended to you. If you are waiting for a stronger SGD, wait for it to hit 1.3502 before you exchange it to USD. Such movement if it is going to happen, it is best to happen within 6weeks. Make the analysis all by yourself and do not overtrade....
Point D matches the previous support and resistance levels. I use 3 TP levels 0.232, 0.382,0.618(of C to D Fibonacci Retracement).Good Luck
so u can see rsi bullish early signal bcd/btc ready for hard breakout when whales r coming it ll pumping hardly
A bullish bat has already formed up, I do need to wait for a retest to engage the trade, but having the market to gap up and hit the 1st target, I will be much resistance to engage the trade. A bearish shark on the 4-hourly chart(right) as a counter-trend setup. What's your trade plan? Comment Down Below.
Well, this is 1 of the most interesting setup having the 4-hourly trend setup entirely different from the daily chart and 1-hourly chart. So what is this about? Well, based on my experience, is more likely for the Top Chart(4-hourly chart) to trigger than the other. Hence, I'm waiting for a buying opportunity as a counter-trend trading move at 70.75 However, if...
Buy USDCAD @1.3079 TP 1 @1.3099 TP 2 @1.3129 TP 3 @1.3179 SL @1.3029 - - - - Feel Free To Leave Our Thoughts In The Comments Section Below. For More Information On The Position Contact Us & Join Our Free Telegram For More Quality Fx Signals. Risk Your Capital Accordingly At All Times!
The price has bottomed within a 1-year range with multiple signs of reversal. A bullish bat pattern was formed while the price has broken above an immediate falling trendline. Besides, the current price could also be the beginning of the 2nd shoulder of an inverse head and shoulder. Aside from the technical aspect, the pound is simply undervalued for a long time...
USDCAD formed a bullish bat pattern and pulled back to 618 level good to long now SL : 1.3062 TP : Follow arrow
GBP/USD is currently forming a bullish bat pattern on the 4h chart, providing a trading opportunity with a 1:2.24 risk to reward. The measurements for a valid bat pattern are detailed below. XA Retracement: 0.382 - 0.50 AB Retracement: 0.382 - 0.886 BC Projection: 1.618 - 2.618 XA Retracement: 0.886 All 3 measurements form within a close proximity in the...