The pair has completed the formation of Bearish BAT. Price currently trading in PRZ. If confirmed it will be a fantastic short
Best of luck to all trading gold... May God bless
EUR NZD - The pair is within a Bearish BAT Pattern on Hourly Charts. Waiting for price to reach the PRZ which is marked. Will see the price action when price reaches PRZ and then can take a call on going Short
Potential Bullish Bat completing on AUDJPY 1hr. Will be watching how price reacts around the 88.6 level of XA for a reversal. 88.6 XA Confluence Projections: BC = 2.618 AB=CD completion = 1.618
Entry, stop and target mentioned on chart.
Stop loss and target mentioned on chart.
Hello friends! A quick update to put to rest this nonsense about a head and shoulders! Personally, I don't believe in chart patterns UNLESS THEY ARE BASED IN FIB I noticed this pattern beginning to build on Bitcoin a few days ago, and sure enough, it does indeed meet the requirements for a Bullish Harmonic Bat, THIS, is a pattern that successfully predicted...
Entry price, stop loss and target mentioned on chart.
Stop, target and entry mentioned on chart.
A type 2 Bat has formed up, so what is a type 2 bat, it simply means a retest of the entry level of the bat pattern. Although if the Bat has hit the 1st target during the setup and it is also a counter-trend move, it is not my favourite bat setup for a retest as some traders might have already exited this trade (losing the force to push it up) . In this...
Finding opportunity to short at PRZ region. Will also wait to see confirmation of price weaknesses. EP: 0.89664 1st PT: 0.89123 2nd PT: 0.88662 SL: 0.90088
Entry price, stop loss and target mentioned on chart.
GBPUSD is showing a downtrend movement on the daily chart. On the 4-hourly chart, the market does show a possible potential head and shoulders. I will definitely need to wait for the candle to touch the read shoulder before I can engage. On the smaller timeframe, you can see the blue bullish bat pattern. I have already engaged this, thought market move back to...
There is a harmonic bearish bat structure on chart. I'm expecting bearish movement until 1.85's. Target and stop loss mentioned on chart.
Chart looks nice to take a short position from here. Stop loss and targets are mentioned on chart.
This pair has completed a bat pattern on the 4 hr chart which signaled us to buy and average down our position at bottom of the 4th leg. Our take profits are set at the green zones. FX:EURAUD
There is a really big gartley pattern on weekly chart. Also there is a strong horizontal resistance zone here. It could be work like reversal zone. Possible target is 88.80