Trade these patterns according to your knowledge on them as these are not signals. Stops and targets figurative. Drop a like if you found this chart helpful
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Bullish bat pattern forming on EOS. Keep an eye on the price if it starts going down and we put some market structure around point D you can start hunting long setups
After shorted AUDUSD last night and woke up with 30pips of profits this morning, market further extend its move and heading towards bull bat pattern. Let's see if the formation form up for the trade.
BAT Pattern ??? - Entry: 507 - Stop: 433 - Target 1: 728 - Target 2: 863 I made this only for practice purpose. Do not blindly follow it! Or you may fail.
The bigger picture, I doubt gold has bottomed and that's still a long way. But a rebound and with further significant appreciation from the current bottom? Continuing from my last post on bat formation and double bottom, the price did gain further, but a pity just a small wave of up to 70 pips, then it slid. However, the price rebounded off strongly after failure...
NYSE:AA currently in buy zone testing the bottom of new trading range (stepping stone) and demand trend line. Left the previous 9-year accumulation range on light volume, which provides confidence in underlying trend. The only concern is that materials sector and aluminium industry do not show any signs of market leadership. Good for range-bound trade or...
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Hello traders, here we have GBP/USD on the 15m chart with a valid bullish bat pattern. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 XA Retracement: 0.886 Price has confirmed the PRZ which consisted of a 1.618 AB=CD, 2.24 BC and 0.886 XA retracement as the final ratio. I'm paying attention to...
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What's going on traders, I hope you've all had an excellent week. I'm bringing you an opportunity to keep on the watch list, today we have NZD/CHF on the 4h chart with a bullish bat pattern. It's a back to back setup as price previously formed a bearish bat pattern which almost hit SL at 1.13 of XA, price reversed and achieved TP 1 and 2. The measurements for a...
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Traders I hope you're having a good week so far, today I'm bringing you a trading opportunity on the daily timeframe for NZD/USD. We're looking at a bullish bat type-II retest as the initial reversal in the PRZ was short lived. I believe once we can confirm this reversal it'll go the full way. The measurements for a valid bat pattern are detailed below. B:...
As Described in the chart
As Described in the chart...