Look out for this Potential Bullish Bat On FX:EURUSD 4hr.
I think the Euro will continue falling to that 0.886 level and it will find support on the 200 period EMA.
if it falls beneath the X-Level then pattern will be invalid.
Expect a reward to risk ratio of about 2:1 on this set up.
This is my second post, I updated my chart a little bit. BTC is still moving in bullish bat right wing channel. I'm expecting a little drop soon, then may be a little consolidation before bullish move.
Its just my opinion, don't take it to serious.
This is not financial advice nor a fact that this pattern is going to happen.
Hello everyone I'm new to trading. As I sow there are many speculations that BTC is going to dip or go moon, some say it will go sideways. In my opinions, it's just forming bullish bat, but I also think that it can come up with flag similar when it went to 5.5k from, I think 8k two months ago.
Its just my opinion, don't take it to serious.
This is not financial...
What do you think?
write in the comments section
Its just my opinion, don't take it to serious.
This is not financial advice nor a fact that this pattern is going to happen.
Hi guys, I have entered this bearish bamm formation on the GBPNZD. The Bat Action Magnet Method (BAMM) is triggered when the C-D wave of a potential bat pattern has broken the support/resistance of the B point.
Price has broken the support at the B point and since re-tested this area as resistance. As most traders will know, support and resistance acts as a...
Hello again all,
It's been sometime since my last post as the market has been pretty directional since then. However, as the title says, looking at a potential bullish Bat pattern setting up on this pair. Stops indicated by the red line and targets indicated in green. I personally will only be taking a two target position on this pair, however I have also...
Hello traders!
After entering a Bearish Bat pattern for the pair (2nd position still live), another Bat is potentially forming, however this time a Bullish one! This could also signify potential consolidation below the 1.25 level (imo). Entries around the 1.2356 level, stops and targets as usual based on rules (make sure you follow them rules!).
And remember......
Market Structure is Key to drawing up any harmoic pattern. Your most important impulse leg is your a:b and c:d you need to make sure that these reciprocate one another. I knew trend reversal was inevitable because we had a trend break on H4 which means for a stronger trend correlation. So once D pattern completed I do candle stick analysis on a lower time frame...
Throughout its lifetime MaidSafeCoin has been seen to have one of the most solid structures among the altcoins; MAID is now approaching the all time low, where it should find a level of solid support. Going into the spring we are expecting the cycle to start again with a rush of buyers flooding the market in the coming months after a period of serious correction....
A potential bullish bat pattern is completing very soon with RSI at oversold level.
PRZ is also at a good support level.
However, we still need to see some price or RSI retracement upon pattern completion to decide.
R:R at about 1.7. Good luck and have a good week ahead.
Hi , this is my first idea published on Tradingview , i am an amateur still.
Following TomHalls ideas and i learned a lot(would appreciate it if he would see this xD)
Text is in chart , just a possible thing that could happen.
Thank you
