Hi there! Looks like we have a nice Bullish Bat pattern on the way. I am going to place my stops below the lowest low which is the LL point. The markets like to test the lowest low. Good trading!
so we do have a pretty nice Bat, nice confluence of the 1.618 extension Fib and the 0.886 Fib and additional a weekly pivot support right there..so hopefully we get the D!
As you can see a big bullish bat pattern is lining up for GBPUSD. My entry will be in the grey zone (1.40934-1.40625) In this zone the bat would complete + with have a 1,618 extension of the AB-leg there. Stops are going to be below the X-point (1.4066) We also have an even number here so watch out. You´ll probably want to play safe an put your stop 15 pips below...
Hey traders! USDJPY is approaching a potential reversal zone that could spark a large bullish move. A bullish bat is nearing completion near the descending trendline. Missed weekly and unhit weekly pivots sit above price. The .382 fib is also confluent with the missed pivot from last week which may signify a nice supply zone. Movement past the 1.272 mark...
Bullish Advanced Bat Formation on the DAX Video (19:00) www.youtube.com Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered.com -The Premier Online Trading Education Company YouTube goo.gl Facebook: goo.gl Twitter: goo.gl @AkilStokesRTM (Instagram, Periscope, Snap Chat & StockTwits)
HI there! Here we might see a MASSIVE possible bullish Bat pattern Completion. The RISK:REWARD on this one is AWESOME! Good Trading!
GBPUSD is ranging for past 3 days and there is pattern formation too. Bullish Gartley is completed offering lesser risk and Bat is about to complete. Gartley Pattern D completion is very deep so risk will be very less. If Bat pattern gets completed at D, then our Gartley stops will be taken out. So it all boils down to which one you prefer according to your...
after a huge win on bear gartley (the blue one), i spotted this bullish bat pattern (yellow) in the same timeframe..i will set a buy limit order at 1.5272..stops must be below X point and targets as shown on the chart..good luck traders :)
Bullish Bat pattern is completed on XAUUSD with great risk/reward profile.
Bullish Advanced Bat Formation on Gold Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered.com -The Premier Online Trading Education Company YouTube goo.gl Facebook: goo.gl Twitter: goo.gl @AkilStokesRTM (Instagram, Periscope, Snap Chat & StockTwits)
This one is for swing traders.. As we can see there are two potential patterns yet to be formed. Why do I call it as "Potential patterns ", well as of now none of the patterns are near D point completion, so that's y its potential patterns. Just think about the advantage of it, We just don't care whether Nifty moves Up or Down from 7880's. Bcos We are Armed &...
What we have here are 2 possible scenarios. BAT/Cypher The Cypher Pattern play's out @ 0.01 and the BAT pattern @ 0.06 For them to be valid we need: BAT: push to at least 0.0244 Cypher: push to at least: 0.0285 Remember: You could play the short off 244-245 to leg D (or 285 for cypher), but the trade only becomes active if we hit the 886 Target @ 0.06 or the 764...
This is a setup for you day traders out there! I see long opportunities as soon as this pair reaches my entry point @0.9472. The lows where we're trying to find support at haven't been violated this week @0.9466 and today we're trying to find support again at this level. This idea contains 2 fibonacci based target points and a stop loss below X. If the lows hold...
Sometimes we tend to miss the obvious when we look out for trades, it happens for everyone. In this Bank of India (BOI) if we zoom out n look at charts or on daily time frame, we will see a heavy downtrend in BANKINDIA. Here we got a Bullish Bat formation which is yet to get completed @ D, if that happens we will go long in this trade. Check your plan & keep...
The EURJPY has been in this trading zone between the 122's and 124's for quite some time now. The question here is whether it'll break the resistance levels to go higher into the 124's or it'll break below the support levels as shown on the picture. As long as we keep in this zone advanced patterns will keep showing up just like this bullish bat setup. When this...