Bullish Bat
POTENTIAL LONG ( BULLISH BAT APF) H1 TFPOTENTIAL LONG ( BULLISH BAT APF) H1 TF
HTF D1 H@S POTENTIAL REVERSAL
W4C IN PRZ
LTF - Lower Time Frame
HTF - Higher Time Frame
TF - Time Frame
TRS - Trend Reversal Strategy
CRT - Counter-Retail Technique / Break-out
APF - Advance Pattern Formation
W4C - Waiting for Confirmation
LLCC - Lower low, lower close
HHHC - Higher high, higher close
SL - Stop loss
TP - Target Profit
POR - Point of Ruin
RRR - Risk Reward Ratio
Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to loss..
USDCAD - Bullish BatA Bullish Bat Pattern has retest at X, which is effectively retesting on the support level of the buy zone. What's nice about this retest is that there is an RSI Divergence happen on the retest.
What's comforting to know is that there is an Ascending Triangle that seems to form on the daily chart.
AUDCAD - Bullish CrabA bullish crab is going to complete at 0.9171 and this gives countertrend traders an angle to look for a buying opportunity.
Should the candle break and close below 0.9171, I will be waiting at 0.9142 on the Crab Pattern HOP Level for a 2nd chance buying opportunity which comes in line with the 4-Hourly chart's Bullish Bat setup.
USDCAD- Bullish BAT 4HUSDCAD- Bullish BAT
2 trade idea is shared with risk reward ratio of 1:2.
anything extra will be bonus
we will move our sl to 1:1 when more than 1:2 target is achieved, let the trade run.
best of luck
Kindly enter in trade when any Bullish or reversal candle is seen at the entry price 👆🙏
BTCUSDT making a bullish bat pattern on the 1hr timeframeBTCUSDT is making a bullish chart pattern on the 1 hour timeframe.
The target points for this setup are shown by the 0.382, 0.5, 0.618 fibonacci levels.
We get further confluence by the bullish RSI divergence as shown on the chart.
The stoploss for this setup is shown by the green ray.
Cheers.
GBPJPY - Bullish BatA Bullish Bat Pattern may complete at 151.78 for a buying opportunity within the buy zone. The earliest time it can be tradable will be at 11 am (+8GMT).
Yes, there are lots of filters that most traders aren't aware of, and it's not a comparison on its execution of Harmonic Patterns reaction in the Forex Market VS other markets.
EURJPY - Bearish SharkDo you remember the Bearish Shark setup that I've shared on 15 March 2021?
Well, I don't remember the exact date, but tradingview does. That's 1 thing I love about tradingview.
It helps traders to differentiate the real trader apart from those who just do screenshots that are favourable to their desired outcome.
For those who have engaged on the Shark Pattern on the weekly chart, right now it is giving you 338pips(approx. 3,380USD) of running profits, from a 579pips(approx. 5,790UDF) retracement.
Check out the link at the bottom of the tradingview post.
At this moment there are 2 potential scenarios on its daily chart. A bullish bat completing at 126.00 as a trend trading setup or a Bearish Shark Pattern completing at 133.46 as a counter-trend trade.
Zoom - Bullish BatI must say, I'm a forex trader, not a stocks trader so do your own research. From the technical analysis standpoint Zoom has hit $290 after the company reported more than $1 billion in quarterly revenue Monday, topping analyst expectations. But the company’s third-quarter earnings guidance failed to impress Wall Street.
Shares of Zoom (ticker: ZM) were down more than11% in premarket trading Tuesday.
This could give traders who wanted to buy zoom but finding it too expensive to involve in the market an opportunity to engage.
A bullish bat pattern, alt bat or fib 3 bat you may call it, is a good setup for a potential buying opportunity, but do remember harmonic pattern like this has a high win-rate if used right but that doesn't mean a 100% win rate.
Overall, I'm positive on this stock to go long.
Nifty Prediction for 25th Aug. Bears are trapped? Today Bears are trapped but it will be very Tricky market tomorrow....
If Market opens Gap up and touches 16670 there should be a profit booking expected as market is going for secon time only. So 16670 will act as a Resistance. If that breaks....then there will be Short covering and market will continue
to Go Upwards. If it Take Resistance then it will come to Previous day close. then There will be possibility of CE
If Market opens GAP DOWN then its a Bull-Trap....market will fall up to next support.
If market opens Flat wait for Price action then take a trade.
Never trade without Stop Loss
Thank you
AUDUSD - Bullish BatIt seems like this week Bat Pattern is all Fib3 Bats, which means it has failed to touch the Fibonacci Retracement level of 50%.
Of all the Bat Pattern that was posted this week, AUDUSD Bat Pattern is more likely to fail because of an internal bearish flag pattern.
You have to watch closely how the candle responded at Point D on its PRZ level before engaging on this counter-trend trade.
GBPJPY - Bullish BatLike GBPUSD, GBPJPY also has a Bullish Bat setup that B point hasn't touch Fibonacci Retracement 50%. Although it is a similar setup, there are 2 things that GBPJPY came to a bit short compare to its big brother GBPUSD.
1. The Friday candle close haven't touched Point D.
2. Point C touches Point A candle body.
Where we can wait for #1 to fulfil but #2 is a warning sign and the minimum candle formation you need to see is a Bullish Engulfing candle at Point D.
GBPUSD-Weekly Market Analysis-Aug21,Wk4The bullish bat pattern form within the demand zone on the daily chart. This setup is good enough for me t engage the counter-trend trade.
However, I must highlight that the B point of this bat pattern didn't hit 50% Fibonacci Retracement and may not be a Bat Pattern to some Harmonic Pattern Traders.
I leave that decision to you.