Just found this and we are close to the D point. I will wait for the D to be met and a clear sign of reversal and not just consolidation. Hope this one works out!
A bullish bat may be completing soon. R:R at 1.3 (TP1) and 2.1 (TP2). Do set price alerts at PRZ if you do not have time to monitor.
This is another smaller set up on the charts. Wait for D to be met before considering any trade set ups
My previous idea on the bullish bat pattern spotted on daily chart has reacted but has not hit TP1. Another bullish bat pattern is about to complete soon on H1 chart , but I might not be awake to update this idea. RSI is at oversold level already, I will still wait for pattern to complete before making my next decision. R:R at 1.3 (TP1) and 2.2 (TP2). Might...
One active bullish Bat pattern on this pair already on the 15 minute chart (to the right), with a possible second bullish Bat pattern currently forming on the hourly chart as we continue to anticipate the Fed later on.
There is a Complete bullish Bat pattern on the 1H timeframe, so enter now with an ok good risk reward 1:1 and a 1:2 see chart for details
Bullish Bat Pattern complete. Looking for support to hold. EURAUD
Another potential bat pattern spotted. R:R at 1.2 (TP1) and 2.2 (TP2). I will update if pattern completes.
A potential bat pattern is completing, RSI is reaching oversold level. R:R at 1.2 (TP1) and 2.1 (TP2). I will update if pattern completes.
Hello traders, today we have ETH/USD on the 4h chart with a potential bullish bat pattern, it's currently completing the C to D leg and closing in on the PRZ. This is very similar to my previous analysis with Bitcoin. 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 Final X to D: 0.886 As...
I'm a little late for this pattern, but it's fine to enter next week as R:R is above 1 based on closing price, still within my risk appetite. From experience, patterns found on daily and weekly charts have reacted positively so far. If you want to wait for price to hit PRZ, R:R is 1.4 (TP1) and 2.4 (TP2).
This is a very intersting analysis for me because I can't say I have ever really done analysis on Longer Term Time frames (to be honest just learning the power, value and different ways to use different time frames to plan and execute trades) NZDCAD completed an Inverted Head and Shoulders pattern between March 2014 and September 2016 on the Monthly...
Hi Guys, Following my previous analysis on this pair, this is the fourth trade I have taken on USDCHF. A Bullish bat has completed. Price rejected a Solid resistance as it has on my previous Bullish Bats. Excellent 1:2 Risk to Reward. Let me know of any questions or thoughts. Thank You! Victoria If you want to learn how to trade harmonics like this, I...
Hello traders, today we have GBP/JPY on the 4h chart with a potential bullish bat pattern, it's currently completing the C to D leg and closing in on the PRZ. All-round excellent opportunity with over 1:3 risk to reward. 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 Final X to D: 0.886 This...
What's up everyone, here we have USD/JPY with a bullish bat pattern on the 30m chart, this is a short term trading opportunity. Excellent opportunity with over 1:2 risk to reward, as you all know that is my bare minimum for taking a trade. 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 Final X...
-Crossing in the 7 day and 21 day moving averages show more downward move to the 77 day moving average. Breakout at point of cross over. -Volume indicates decreasing selling support and accumulative kind of format. -Expect a move down to 0.00583808 at which point trade should be active. -1st target at 38.20 fib level -2nd target at 61.80 fib level -An aggressive...
Hi Guys, Here we have two Bullish Bats on the USDCHF Daily. I took the first opportunity and banked 150 pips before the retrace. You can now see a second bat is nearing completion at the first entry point. I will be looking to enter once price reaches the 0.94400 mark. Let me know of any thoughts or comments. Thank You Victoria