Harmonic on Harmony x2 - Bullish Bat Long $ONELSE:ONE has completed a bullish bat and sprung above the prior resistance, which is a historical key level, it is now testing that resistance as support.
It is possible that we go back down to the pcz of the harmonic to complete a type two return, hence why the stoploss is below that pcz. Having said that we are in an actionable area now so we plan to monitor it closely, potentially adding to our position should we retrace to the pcz.
Daily is also showing potential bullish divergence.
Bat
BAT is Bullish, after the pullback it will continue the trend BAT is Bullish, after the pullback it will continue the trend
🔵Entry Zone 0.3007 - 0.3184
🔴SL 0.2749
🟢TP1 0.3366
🟢TP2 0.3969
🟢TP3 0.4810
🟢TP4 0.5448
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Why didn't I take this trade.I plotted this potential harmonic on Macy'y a day or two before their earnings on 02/27/2024.
Saw the potential to short once the C target was hit but was scared to do it. Was looking at a $16 June put. At the time it was $63-$68. It is now $117 as I type this.
#ScaredMoneyDontMakeMoney
#BAT #BATUSD #BATUSDT #Analysis #Eddy#BAT #BATUSD #BATUSDT #Analysis #Eddy
(("All the relevant areas and explanations on the chart are clear and clear, the trading setups need to get confirmation to enter, if you don't know how to get a trigger and confirm entering into transactions, this analysis is not suitable for you, the above analysis is for professionals. and if you are a beginner, my suggestion is that you don't destroy your capital and first learn technical analysis and basic trading along with psychology and risk and capital management from reputable sources and courses, and then enter the financial markets."))
(("The above analysis and setups and points and areas are combined with most of the combined styles such as price action, supply and demand, RTM, ICT and also with the analysis of important indicators such as Dominance Tether and Bitcoin.
If you are familiar with the mentioned styles and know how to get approval to enter the above styles, use the above analysis.
This is not an investment proposal and only my opinion, please act based on your experience and decisions."))
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I also suggest you to view my #Analysis of #Bitcoin from the link below :
Confluence: when multiple ideas are used together to form stratI've been looking at this for almost a year now and now that I'm seeing 3 confirmations that boomer coin could be headed to 47k (usually a little above VAH), it's becoming harder to ignore, an incomplete bearish bat D leg, VAH, S/R all ending at at 47K. I've also included the bearish levels cuz having one bias is just stoopid. Just a reminder, D legs of harmonics don't always plays out, I study manipulation of failed patterns so if this this thing pancakes or goes sideways forever idgaf. I just wanted to post this b/c it looking more and more like that's where we were heading. 🤷
to me boomer coin could flush or pop on news so that's why I hate making macro predictions, srsly don't give a sht if it fails, just showing u what I've been looking at for literally a year since Oct 31, 2021
🥱
confluence redux to 44Kglad someone pointed this out to me in chat with regards to my previous idea and although were wrong about the B leg which fell perfectly at the 0.5 retracement from X to A (marked in yellow), I discovered that I started this bullish bat further back than I realized that my C leg disqualified the bearish bat pattern to 44k
A fib retracement from A to B and C leg can fall between 0.382 to 0.886 in order to be valid, in this case it falls at the 0.382 (marked in yellow)
The D leg can be found from drawing a fib retracement from A - X and D will fall squarely on the 0.886 which I have here, (again marked in yellow)
Again, MMs are notorious for not completing D as I have witnessed many times, why give everyone free money on something that plays out correctly but every once in a while they ignore a setup here and there.
The result is actually still the same more or less but I am slowly seeing VAH start to come down to match D at around $44,503. secretly I had hoped higher but you never know, anyway, here is an updated version.
I'm going to let both this and the previous idea run, I figure why not be wrong twice.
I SERIOUSLY didn't want to leave these fibs up cuz I totally hate messy charts, like OCD hate them but whatever, crossing my Ts and dotting the i this time, and yeah I know I shoulda double checked before posting the first one but faceplant is what I do best
so long, stay safe
SPX500 Potential Bat H4I believe I've spotted a bat on H4 timeframe, interested in selling to complete D leg.
X @ 4840.9
A @ 5074.7
B @ 4944.3
C @ 5033.5
D @ 4864.9
Potential for several TP as D leg forms.
Mine:
TP 1 @ 4950
TP 2 @ 4875
Lmk what you think, do you agree? Comments and critique are welcome!
Happy Trading!
US 20 Year Yield: Bearish Harami at Bearish Bat PCZThere is a Bearish Harami at the HOP level of a Bearish Bat with Impulsive RSI BAMM Confirmation. Alongside that, we also have 2 Major Squareups significantly below the current level and also an unfilled gap. If these Bearish Signals at the highs are to play along, this should be the start of an even greater retrace to fill the downside gap and to complete the square ups. This would likely come with some Bearishness in DXY and upside in the TLT which may also spillover into the IEF.
BAT is flying towards +270% Profit 🫰---------------------------------------------------------------
Description
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+ BAT is retracing back to its support zone
+ This is critical zone for consolidation and resume its bullish trend
+ Overall BAT is looking bullish
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VectorAlgo Trade Details
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Entry Price : 0.2329
Stop Loss : 0.2117
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Targets 1: 0.2426
Targets 2: 0.2493
Targets 3: 0.2645
Targets 4: 0.2742
Targets 5: 0.2972
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Timeframe: 4H
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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VectorAlgo
USDJPY Trading Plan: Fib-3 Bat Pattern Retest and Bullish ButterIn our current analysis of USDJPY, two distinct trading opportunities emerge:
1. Fib-3 Bat Pattern Retest:
- Timeframe: Weekly Chart
- Setup: The Fib-3 Bat Pattern type2 on the weekly chart has already provided a profitable opportunity, and a retest is anticipated.
This pattern has previously yielded a substantial 903 pips in 13 weeks.
2. Bullish Butterfly Pattern:
- Timeframe: 1-Hourly Chart
- Setup: A Bullish Butterfly Pattern on the 1-hourly chart, with an entry point identified at 148.78.
These setups reflect a mix of longer-term and shorter-term trading strategies. Share your thoughts and engage in discussions to enhance our collective understanding.
Bullish ContinuationYesterdays prediction is playing out nicely. We have rolled over into the predicted killzone right around the zone of a 382 fib retracement, and AB=CD move and the 188.00 psychological number with the RSI pushing down into the extreme oversold zone. We have also put in a bullish bat pattern which is nearing completion, giving an extra layer of confluence for a long entry.
Potential bearish reversalPrice has reacted off key Daily support and pushed up into key inside structure and held. If price holds this level then it could be a good opportunity to look for a short opportunity back down the recent outside structure with a potential to continue lower to complete a bullish bat pattern
AUDNZDIs AUDNZD getting bid after massive sell rally?
As the price is been on strong bearish trend but now it seems like price is getting some bullish momentum after reaching at support level and simultaneously has completed bullish harmonic pattern.
If the bulls took control , the 1st target could be 1.07500 followed by 1.0800.
What you guys think of it?
Combo Trade OpportunityAn amazing Bearish Fib-3 Bat with RSI Divergence has surfaced on the CADJPY 1-hourly chart.
While some may see this as a great counter-trend trading opportunity, others might interpret it as a warning sign and choose not to engage.
But here's the twist - it's a Combo Trade.
On the Weekly Chart, there's a Bearish Shark Pattern Retest, accompanied by a Type2 Bearish Gartley Pattern.
What's your take on CADJPY?
Share your trade plan for CADJPY in the comments below!