Bullish Bat
AUDUSD - Bullish Bat checkbackA Bullish Bat check back at 0.7342 and I took the opportunity to engage the trade. Stop Loss is placed at 0.7315(-27pips).
I can see the potential profit trend-line from here. Could you?
Share your chart on the profit trendline in the tradingview comment box of this trading ideas.
EURNZD, 4hr tf, bullish bat harmonic pattern plan
We're seeing EURNZD moving towards potential horizontal support at 1.6700.
This area has acted as support twice in the last 2 months.
Something interesting is EURNZD moving in a harmony and has been respecting several harmonic pattern movements.
I am planning on buying EURNZD when it touches 1.6700.
Buy EURNZD 1.6700
Stop loss 1.6650
Take profit 1.6930 (4.6R)
Use only 1-2% risk
Good luck
GBPUSD-Weekly Market Analysis-Aug21,Wk1An emerging bullish bat is about to form within the buy zone(blue box) is usually a great setup for a buying opportunity I will engage. However, this setup wasn't the Grade A setup and that is because Point C is a double-top, for such a setup it poses a threat of a break and closes beyond Point D completion.
As a thinking trader, I will be waiting for a candle confirmation at Point D, before engaging the buy trade, and even better, if the market retraces back to 1.3950 before the Bat Pattern completion, I will head for the shorting opportunity.
NZDJPY - Bullish BatThis week Expert Level has posed a challenge as there are just so many great trading setups in the coming week, despite the Friday Non-Farm Payroll(NFP).
I'm waiting for a buying opportunity on this bullish bat pattern that is completing at 76.30, and that would give me the advantage to engage the buying opportunity on the emerging head and shoulders pattern on the 4-hourly chart.
Bullish bat near bottom of a range: RSI DivergenceWe have RSI Divergence near the bottom of a range at an 0.886 PCZ to a bullish bat pattern if we're lucky we may see a run up back to around $35,000 but if BTC Breaks the range and fails to stay above $28,000 then we will likely see BTC dump down to $18,0000 or lower.
Wyckoff Accumulation + Bullish BatFX:GBPCHF Has for the past couple months been forming a clear Wyckoff accumulation schematic. Its been manipulating the lows and we got the last low which was the spring, or shakeout. There is also a bullish bat which matches perfectly with the institutional candle that formed on the chart which is where your entry would be if you decide to take this long position. Your target would be the previous resistance at the high. Follow for more free trade setups! Good luck traders!
NOT FINANCIAL ADVICE!
EURNZD, 1hr tf, bullish bat pattern
After yesterday we got a fierce drop from EURNZD. Price finally stop dropping after meeting the ascending trend line.
For me, it looks like a bullish bat harmonic pattern forming. We might see some upwards movement towards 1.6950-1.6930 area which is 61.8 retracement of CD leg.
Buy EURNZD 1.6830
Stop loss 1.6770
Take profit 1.6950 (2R)
Use only 1-2% risk
Good luck
Update: Bullish Bat harmonic pattern Let's look at the bullish example. There is a rise via XA. B retraces 0.382 to 0.5 of XA. BC retraces 0.382 to 0.886 of AB. CD is a 1.618 to 2.618 extension of AB. D is at a 0.886 retracement of XA. D is the area to look for a long, although the wait for the price to start rising before doing so. A stop loss can be placed not far below.
For the bearish pattern, look to short near D, with a stop loss not far above.
EURJPY - Bullish Bat PatternA counter-trend trade that we discovered last night has finally touch Point D. Aggressive traders will engage at 130.15(now) and look for the 1st target at 131.23(+107pips), I'm doing an extension target for the second target. Initial Stop-Loss at 129.67(-48pips).
Let's see how this trade rolls out.
EURUSD - Bullish Bat on RangeBarWhen the market isn't moving much on my regular timeframe, I've gone to the lowest timeframe(technically it's not a timeframe because it is not time sensitive)
The 5 range bar chart has been my main training strategy and it has brought profit as high as 29% on the 1st 2 weeks of my trade.
As a trader we need to be discipline but able to adapt to the market condition when necessary.
Bullish Bat on weekly. Follow-up to a previous short trade.Back in February I posted a Short Setup who's target was the PCZ of this Weekly Bullish Bat. 4 months later we have finally reached our weekly target and now with some of the profits made from the short it's time to flip long.
For context on the original trade setup check the related Ideas section.
Mahindra and Mahindra financeIt is well consolidated on the marked support.
Soon we could see a well driven bullish pattern.
Keep an eye on this stock.
It can be effective in your trade.
Find a best buying position and hold.
Note: Patients is a key to success.
Follow for more alerts.
Happy trading 😊💪
Disclaimer: This is my personal analysis for educational purpose.I am not sebi registered.
Do your analysis before taking a position.I am not responsible of any profit or loss.
HDFCBANK bounced from Bat Pattern prztHdfcbank hourly chart has bat pattern formation and prices did bounce from its prz area, hence if it holds these support levels, we might see prices going upwards in the near term towards 1500 levels.
The stock would be very bullish above 1500 levels.
The entire analysis would be negated below 1450 levels and would need analysis revision.
BTCUSD - Outlook Mid Day Update 2021.06.06Guys, once again Bitcoin has given everybody the slip. The upwards momentum last evening at the open was not sustained and price proceeded to make a double flat pattern which I have labeled yet again (w)(x)(y). Current price action appears to be making another form of 3 wave pattern to the down side and possibly creating one of the two possible harmonic patterns on the 30 Minute Chart. Either a Bat Pattern ending at 35371.65 or continuing down to 34263.75 to make a Bullish Crab. This is letting us know that the much larger corrective structure is not yet finished.
Taking a Sideline Market Position right now may not be a bad idea.
Good luck and Safe Trading!
Bitcoin, a safe landing needed for the true moon.An oldie but a goodie. the rare yet obvious plane pattern formation has formed. we have seen this with boeing but will it play out with bitcoin? we are feeling the turbulence and if we drop below 30k its time to buckle up for the landing. out trip has been cut short but opportunities arise. A great man once said "life is complete with the sun the land and poetry", we dont need bitcoin except to make money, because lets face it...we're not in it for the tech!