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
Bat
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!
Clover Finance (CLV) completed a setup for upto 10% pumpHi dear friends, hope you are well and welcome to the new trade setup of Clover Finance (CLV) with BTC pair.
Recently we caught almost 62% pump of CLV as below:
On a 4-hr time frame, SUN completed a bullish BAT move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Natural Gas Futures Bullishly Diverging at a Bullish Bat PCZNatural Gas Futures aggressively gapped down into support during the first hour of this week's trading and looks to be ready to form some MACD Bullish Divergence leading into the rest of the week. I think there is a good chance that Natural Gas at least undoes this decline and rises back up to $2.5 this week, but overall if this ends up being a major bottom I'd expect it to pump well into the mid to upper 3 dollar range.
The Duality of PatternsEURJPY presents an interesting scenario with a potential combo trade, or is it? Let's break it down:
1. 4-Hourly Bearish ABCD Pattern:
- Retest completion at 161.74.
2. Daily Bearish Bat Pattern:
- Completion at 162.55.
Two patterns, two different starting points. Is it a combo or a dual setup?
Share your thoughts and let's navigate this intriguing trade opportunity together!
Potential Head and Shoulders & Early Trading OpportunitiesUSDJPY is showing promise with a potential Head and Shoulders pattern on the Weekly Chart. Here's the game plan:
1. Awaiting Bearish Shark Pattern Confirmation on Daily Chart:
- Patient approach for a comprehensive setup.
2. Early Trading Opportunities on 15-Minutes Chart:
- Spotted Bearish Bat and Bearish Gartley Patterns.
- Potential for quicker engagements on shorter timeframes.
Stay vigilant and let's discuss your insights on this evolving USDJPY scenario!
Waiting for ConfirmationIf you're seeking shorting opportunities on EURUSD, I've got two potential setups for you.
Remember, always wait for candlestick pattern confirmation before making your move.
Bearish Shark Pattern: Look out for completion at 1.0917.
Bearish Bat Pattern: This setup is more intriguing to me, as the Potential Reversal Zone (PRZ) aligns with the bearish trendline.
Be patient and let the market confirm the patterns. Share your thoughts and trade plans on EURUSD below!
Potential Long Opportunity GJ BAT Think I spotted a bat on Daily time frame also see higher highs and lows being printed. Still growing my craft so critique is welcome.
Here is my bat:
X @ 180.742
A & C @ 188.261 ( c leg retraced to 100%)
D @ 181.611 ( I shorted from C to D leg)
TP's are based on Fib then adjusted to the quarter points:
-184.000
-185.750
-186.750
-188.000
Let me know what you think. Thanks, Happy Trading!!
BAT/USDT Possibility it could back to retest the strong resist!!💎 BAT's recent market performance has been impressive. After a strong bounce from its support area, there's a real possibility it could continue its upward trajectory and retest the strong resistance area, potentially breaking through it.
However, should BAT struggle to ascend soon, it might retreat back to its support area, necessitating a new buildup of momentum. If BAT returns to this support zone, maintaining its level will be crucial. A failure to hold above the support could lead to a downturn, sending BAT towards the critical demand area of $0.196.
This demand zone is pivotal for BAT's market trajectory. A breach below this level could signify a shift to a bearish trend, leading to further declines. On the other hand, if BAT manages to hold within this area and demonstrates a strong recovery or bounce, it will need to reclaim its position above the support level to resume its upward movement.
Prosper (PROS) about to complete a setup for upto 32.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Prosper (PROS) with US Dollar pair.
Recently we more than 115% pump of PROS as below:
Now on a 2-hr time frame, PROS has almost formed a bullish BAT move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Multi-Pattern Analysis - A Comprehensive ViewMonths ago, I shared insights into the impending Bearish Fib-3 Bat Pattern on the weekly chart, offering substantial profit potential (over 10,000 USD/lot). Check the detailed analysis within the TradingView post.
Presently, my attention is drawn to a potential Head and Shoulders formation, indicating a shorting opportunity of more than 1,000 pips on the weekly chart.
However, for those seeking a buying opportunity, observe the Bullish Shark Pattern completing at 143.71.
My stance: Bearish in the short-term, Bullish for the long-term.
Share your thoughts and trade plans below!
Exploring OpportunitiesGiven the current consolidation phase in the market, I'm open to exploring various trading opportunities this week.
For counter-trend traders eyeing a shorting opportunity, the completion of a Bearish Bat Pattern at 1.2803 is a crucial level to watch.
Alternatively, for those in search of a buying opportunity, a retest on the trendline, conveniently aligned with the 1-hourly chart, could provide an entry point.
What's your strategy for GBPUSD? Share your insights!