Bat
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!
Marathon Oil Corporation: Bullish Bat with Bullish DivergenceMRO on the intraday is showing signs of Bullish Divergence on both the MACD and RSI at the potential HOP level of a Bullish Bat. If this plays out I think it could make a move up towards $25
MATICUSDTMATICUSDT follow Bullish Bat Pattern indicate that it moves upward
SL , TP mention in chart
Analysis at 4 hour
BAT/USDT Preparing for a Bull Run? 👀🚀BAT Analysis 💎 Paradisers, prepare for an exciting phase in #BAT's market evolution, signaling a potential bullish rise from its current demand zone.
💎 After encountering resistance at a significant supply zone at $0.264, BasicAttentionToken has notably moved through buy-side liquidity. This development may lead to a short-term dip before embarking on a bullish resurgence from the key demand zone at $0.195.
💎If BAT builds sufficient bullish strength at this point, we could see an assertive move towards, and potentially breaking through, the established supply zone above.
💎 Given the dynamic and ever-changing nature of the crypto market, a versatile and proactive strategy is crucial. If #BAT meets resistance in securing its position within this important support zone, a swift and strategic shift might be necessary for success.
💎 In this event, we would activate our alternate strategy: aiming for a bullish movement from a lower demand level at $0.166. This level becomes critical, as breaking below it could signal the onset of a bearish trend in #BAT's market journey.
Bullish Outlook with Retest OpportunityIf you caught the short opportunity on the previous Fib3 Bat I mentioned months ago, congrats on the 836 pips (~8,360 USD/lot) gain! (Link to related analysis available in post)
My overall stance on USDJPY remains bullish. For those eyeing buying opportunities, keep an eye on the daily chart for a potential market retest at 142.47 (refer to the left chart).
What's your strategy or trade plan for USDJPY? Share your thoughts below!