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Bullish Bat

EURO-DOLLAR, Counter-Trend Opp.EURO-DOLLAR has a Counter-Trend Trading Opportunity(left). Traders looking for a counter-trend trading opportunity could wait for the market to retest to 1.0975 for a shorting opportunity. This is possible not because of the Bearish Shark Pattern Trading Opportunity, but a retest of resistance on the Weekly Chart. If this is not for you, then perhaps the Bullish Bat(red)(right) or the Bullish Shark(right) gives you, a trend trader, an opportunity to engage. So, what is what? If you have that question, focus on 1 and not engage on both.
Short
by RaynLim
At Least 200pips of Profit PotentialThe Bullish Shark Pattern(right) has not reached its final target level. Trend Traders could wait for a buying opportunity off the 4-hourly chart(left), support level at 1.0748. Should the Candlestick Pattern break and close below it, I'll be waiting for Bullish Bat Patterns that completes at 1.0562. And because the Point C of the Bullish Bat Pattern touches Point A, it became a warning sign, I'll need to wait for a Candlestick Pattern confirmation at the PRZ(box) before engaging on the trade.
Long
by RaynLim
I told you so...This is 1 crazy trade that we did on 22 Feb 23 (links within the TradingView Post). If you have been following us for years, you would agree that my interest in sharing LIVE analysis than to show how much I had earned in a trade. That is because I do not find how that could benefit you. With that said, the purpose of my sharing my analysis as it is; is to show you the thought process of how traders react at every turn. Currently, we are 40pips away from our target of 0.6688(+219pips), which gives us a profit factor of 8.11. That means for every $1 we risk, my potential profit is $8.11. That means even with a 20% accuracy rate by setting every loss at -50pips, my net profits in pips is 411pips. This significantly reduces the level of stress when we trade and give us more time to do the things we love to do. In an unlikely scenario that the market retests back to 0.6786 would allow traders to consider if they would hop on the latest trade with their first target points to the recent low on the 1-hourly chart. In this example, that would be 0.6721, giving the First Target a 65pips profit potential. I would recommend having good risk management and planning your own trade, and not following the trade blindly.
Short
by RaynLim
TH | Bullish Bat Harmonic | Breakout Signal Entry Position TH | Thailand SET Index | Financial Sector | Price Action & Chart Pattern Trading Chart Pattern: Falling Channel - Bullish Bat Harmonic Pattern Price Action: Breakout Entry Position Indicator: > RSI Bullish signal crossing up MA line above 50. > MACD Bullish - golden cross signal just below the baseline. Trade with affordable risk ratio 3:1 Trust in your system indicator Never panic trade Always respect stop-loss Goodluck DP
SET:THLong
by dukeposh
2
USDJPY-Weekly Market Analysis-Feb23,Wk1My analysis for this year Mid 2023 still remains Bullish for US Dollar. So it's pretty normal for me to look for buying opportunity on USDJPY. If you are looking for shorting opportunity, the Bearish Gartley Pattern will expire by 31Jan2023, 6pm (GMT +8). This is not guess work but advance trading techniques that serious traders should know. The first harmonic patterns that form up and gives me a confirmation signal, I will engage the trade. Obviously I'm incline to long the Bullish Bat Pattern.
Long
by RaynLim
2