$COIN: Bearish ABCD BAMM Triggered From the looks of it Coinbase may be getting ready to make a reciprocal ABCD movement downward as it's threatening to break through the B level and beginning to enter a CD leg that would take us down to the 1.414 Fibonacci Extension.
In an effort to trade this movement I will be buying 7 of the (18 FEB 22 $200 PUTS) that are currently trading at a premium of $8.70 a piece.
Bammtriggerline
USDJPY Potentially Bamm Trigger BAT or Butterfly PatternUSDJPY potentially bamm trigger BAT or Butterfly Pattern
Trading Plan : Buy now or buy limit @ 111,645
attention: this is only a prediction. risk use returns to each individual. if my analysis is wrong, I am not responsible for your losses. and If there are questions please chat with me or comment .
USDJPY Potentially Bamm Trigger BAT & Butterfly PatternUSDJPY Potentially Bamm Trigger BAT Pattern & Butterfly Pattern
Trading Plan : can Buy now or buy limit @ 111.645
attention: this is only a prediction. risk use returns to each individual. if my analysis is wrong, I am not responsible for your losses. and If there are questions please chat with me or comment .
USDCHF BAMM (Bat) 1d Potential Short to D pointValid Bat
A = .382 - .5
B = .382 - .886
C = 1.618 -2.618
X to D = .886
Check candlesticks , watch for price to break B to enter.
Given above is true, price should continue through D, or reverse. Candlesticks will tell you how play the pattern.
Risk Reward minimum = 2
Note: always draw it on your own chart to get exact measurements! Make sure you have confirmation candlestick patterns CLOSED before entering.
You're welcome to repost this, just mention @corganmusic! :)
For those looking to learn to trade, message me! Good luck out there!
NZDJPY - Bearish Confluence at Monthly RES - DAILY - Short AFReally nice opportunity here.
Bearish BAT 886 @ confluence with Monthly Resistance almost to the price with in a few pips
Fresh supply zone.
Full Pattern BAMM Divergence, should see a strong TP2 reversal.
50 Pips away so look out for a strong move to 82.888 on Monday session - Alarm set.
AUDNZD - WEEKLY - Bullish BAMM Confirmed.AUDNZD - WEEKLY - Bullish BAMM Breakout Confirmed.
BAMM Breakout triggering a B-D magnet trade confirmation.
possible retest of B structure but we may not see it.
A Magnet trade should be swift and complete on bullish weekly candles.
Look for weakness on lower time frames for entries
Targeting 1.116 for 350 pips
AUDNZD Long: Breakout to Potential Bat CompletionAUDNZD has broken through the bullish channel center line and countertrend resistance. There is also a missed daily pivot above price which may add to bullish bias. Watch for resistance around the top of symmetrical triangle, BAMM line, and top of the rising channel. Entry is placed at the retest of the trendline with targets at bat point B and bat completion. SL is placed below structure lows for a R/R of 2.5 (T1) and 6.5 (T2).
Bullish Confluence:
Trendline breakout & retest
Missed daily pivot above price
Channel center line break
NZDUSD Short: Wolfe Wave to Complete BatNZDUSD has retested a BAMM line and in doing so has completed a bearish Wolfe Wave. Going short here would target the completion of the Bullish Bat which coincides with both a missed daily pivot and the EPA/ETA combination from the bearish Wolfe Wave. Market entry used with SL above structure highs and target at the completion of the bullish bat pattern.
Short GBPCAD: Trigger at BAMM Line Toward Pivot ClusterGBPCAD is presenting an opportunity to trade a combination of bat action magnet move lines toward a cluster of missed pivots. Trade will be triggered after a candle closes below the BAMM Line (Body) with SL near structure highs. If price should continue to make new structure lows I will move the SL and update the chart accordingly. T1 is at Bat 1 completion and T2 is at Bat 2 completion. A third target will be placed at the pivot cluster if the bullish bat patterns reach their respective targets and another short opportunity presents itself. If this occurs I will publish a new short idea targeting the pivots.