Bullish Bat On Underlooked Cannabis StockI do believ the Cannabis Sector will see a rally later on in the year and this appears to be a very nice place to take an entry on this particular stock.
Bullish Bat
EURUSD-Weekly Market Analysis-Aug22,Wk3When it comes to the Daily Chart, EURUSD is still on a Bearish Trend, however, on both the 4-hourly and 1hourly chart, EURUSD is on a Bullish trend.
A Bullish Bat Pattern is completing at 1.0221, which is great for intra-day trader. That said, I will still wait for candlestick pattern confirmation as Point C touches Point A.
EURJPY - Bullish Bat checkbackBeing conservative in approach means there is a chance for you to miss your trade. The Bullish Bat and AB=CD Pattern retest price could go as early as 135.02 a much more conservative trader might wait as far as 134.06 before engaging the trade.
This is a perfect example for you to decide on your trade plan. Engaging early could be that you have a higher chance of catching the move, but it also means it puts you 96pips at a disadvantage should that be a valid setup.
NATURAL GAS - BAT PATTERN IN MAKINGNATURAL GAS is printing a bullish bat pattern. It is still in early stage as point C has defined its place. Pattern will complete at point D which is projected at 4.
The price has already been rejected at the key resistance on the daily chart, and RSI is headed downwards. There has also been a continuous decrease in volume from the first time the price tested the key resistance.
This may confirm that the price doesn’t have enough momentum to break through the resistance and is now set for a correction. There are a lot of contributing factors pointing to a bearish scenario for natural gas. Although the price might be bearish, watch out for relief pumps, especially on the support levels.
What do you think of the idea?
NZDJPY - Bullish BatThe Bullish Bat setup could allow counter-trend traders to engage in the trade. Before you get all excited on the Bat Pattern on the 1-hourly timeframe and potential sideway bounce setup on the 4-hourly timeframe(related ideas within tradingview post).
The Bearish Crab Pattern that was completed at the HOP level is a valid setup and it had hit its first target and moved beyond its first target. There is a certain level of risk to engage this trade.
GBPAUD - Bullish BatA Bullish Bat setup is here for sideway, counter-trend, and harmonic pattern traders.
Two things to note, the market has not retraced to 1.7366 to validate the setup and Point C touches Point A candle body, which always bothers me.
Despite of that, what I like about this setup is its profit factor and the RSI Divergence.
GBPJPY - Bullish BatFor those who had missed the Bullish Bat setup on the 4-hourly chart(link under the tradingview post), you can wait for the Bat Pattern setup on the 1hourly chart, which is often referred to as the intra-day chart that completes at 160.77.
Students will be able to observe how I manage this trade and how I would make a trading combo out of this 2 chart with low-risk and high-returns.
XAUUSD (GOLD) D1Hi there,
Over here i got the Bulish Bat pattern on daily TF so you can found the buying Opportunity, and also here is POI on D1 TF From 1677 to 1715 as i mentions in the chart, And also from here the 0.886 (88.6%) level of fibonacci retracement, The Last thing is that it is a strong support also.
Note: this is not a financial advice thank you
GOLD (XAUUSD) 1DHi there,
Over here i got the Bulish Bat pattern on daily TF so you can found the buying Opportunity, and also here is POI on D1 TF From 1677 to 1715 as i mentions in the chart, And also from here the 0.886 (88.6%) level of fibonacci retracement, The Last thing is that it is a strong support also.
Note: this is not a financial advice thank you
AUDUSD > Beautiful Buy Pattern Near Entry!!Analysis of #AUDUSD
A Bullish harmonic butterfly pattern near the entry point for a buy but it still not test inside the support zone, be careful if you want to take the pattern as might extend below the low before reversing to close inside the zone
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