A bullish bat pattern is completed in four hour chart. It provides a potential reversal level (PRZ) from 1.29850 to 1.29710. I am waiting for the market back to PRZ again. I will use 1.29820, which is the previous low point closing price, as my long orders entey level. If the market shows me any confirmation signals near 1.29820, I will long this market. Please...
A bullish bat pattern is completed in weekly chart. It provides a potential reversal level from 1.07930 to 1.06800. I am waiting for confirmation signals to long this market. Please follow me if you want to know my trade ideas everyday.
A bearish bat pattern shows up in one hour chart, it provides a potential reversal level (PRZ) from 1.70890 to 1.70840. In the larger time frames, the market is in down trend after general elections of the United Kingdom, so this selling opportunity in a follow trend trade. I will wait for market gives me confirmation signals which is near PRZ top 1.70890, then I...
A bearish bat pattern is completed in the daily chart, it provides a potential reversal level (PRZ) from 84.550 to 84.308. The PRZ overlaps the top of the bearish channel (grey channel) in the weekly chart. I am waiting for more candlesticks show up. When I see the confirmation signals near PRZ top 84.550, I will short this market. Please follow me if you want to...
A bearish bat pattern is completed in the daily chart, it provides a potential reversal level from 122.440 to 122.998. Because I see a doji candle in four hour chart, this is a confirmation signal for me to short the market. I already short this market. Please follow me if you want to know my trade ideas everyday.
A bullish bat pattern is almost completed in one hour chart, it provides a potential reversal level (PRZ) from 1.34530 to 1.34500. This buying opportunity is a counter-trend trade because the market is in a down-trend in the larger time frames. Notice this bat pattern is not in a standard shape, because the closing price of the candlesticks in point C is higher...
A bullish bat pattern is almost complete in daily chart, it provides a potential reversal level (PRZ) from 6.86400 to 6.83940. This buying opportunity is a follow-trend trade because the weekly chart shows us market is in up trend clearly. The PRZ overlap the bottom of the bearish channel, I am waiting for confirmation signals to long this market. Please follow...
In the daily chart , the market is in up trend. At the same time, a bullish bat pattern shows up in four hour chart, it provides a potential reversal level (PRZ) from 1.29530 to 1.29430. This buying opportunity is a follow trend trade. I will back to this chart after the release of unemployment rate from the US government on 10 Jan. If the candlesticks break the...
In the daily chart, the market is in down trend. At the same time, a bearish bat pattern shows up in four hour chart, it provides a potential reversal level (PRZ) from 1.35545 to 1.35520. This selling opportunity is a follow trend trade. I will back to this chart after the release of unemployment rate from the US government on 10 Jan. If the candlesticks break the...
A bullish bat pattern within buy zone (red box) in four hour chart. I will use potential reversal zone bottom 1.44820 as my buy order entry price. This market is in a sideways trend in the daily chart , so I can mark a beautiful stop loss level easily in this buying opportunity. The market gives me RSI divergence as a confirmation signal, however, the recent close...
In weekly chart, market shows us a bearish trend clearly. At the same time, I mark a bearish bat pattern in the daily chart. It provides a potential reversal level (PRZ) from 1.13860 to 1.13520. It is a follow trend trade. I am waiting for more candlesticks show up and stay in the PRZ, if market give me confirmation signals, then I will short this market. Let's...
A bearish bat pattern is completed in daily chart, it provides a potential reversal zone (PRZ) from 0.66880 to 0.67230. Now the price is leaving the potential reversal zone, however I will wait for market back to PRZ top 0.67230 and show me a double top pattern as a confirmation signal. I may miss that selling opportunity, but a high risk management standard makes...
A bearish bat is completed in four hour chart, it provides a potential reversal zone (PRZ) from 1528.50 to 1525.00. In the longer time frame charts, the market shows us it is in a uptrend, so this selling opportunity is a counter trend trade. I am waiting for more candlesticks show up, If the market shows me a double top pattern or RSI divergence, I will short the...
The market retest the bullish bat pattern. The bat pattern provides a potential reversal zone (PRZ) from 1.60217 to 1.59640. Because RSI divergence shows up in four hour chart, I mark that as a confirmational long signal. However, we can see the market low point is getting lower and lower, it is not a good signal for a long trade. Please be careful for the risk...
The market is testing resistance level on daily chart. Meanwhile, a clear RSI divergence is showing up in four hour chart. It means that 111.750 is a valid resistance level. I am searching for selling opportunity in this market. In the 15 minute chart, the bearish bat pattern is almost complete, it provides a potential reversal zone (PRZ) is from 111.550 to...
In the daily chart, the market is retesting support area (~1.61350) now. In four hour chart, there are two bat pattern in the chart. The red bearish bat pattern provides a potential reversal zone (PRZ) from 1.62740 to 1.62610. The purple bullish bat pattern provides a PRZ near 1.60850. I assume the market is in a sideways trend which is between those PRZ. Because...
A bearish bat pattern is completed in Daily chart. It provides a potential reversal zone (PRZ) from 72.465 to 71.860. In the longer time frame charts, the market shows us it is in a downtrend, so this selling opportunity is a follow trend trade. I am waiting for more candlesticks show up, then I can confirm the PRZ is a valid resistance level or not. I will short...
A bearish bat pattern was completed on 10 Dec 2019 in one hour chart, it provides potential reversal zone(PRZ) 1.6990. And now, market re-test this PRZ again. I would like to short this market because RSI divergence happened which is near the PRZ. Please follow me to know my trade ideas everyday!