this are my reasons to enter on this short position while we still on an up trend 1.-Multiple Bos on Previous Structure 2.-Divergence on Previous Structure 3.-Imbalance 4.-Harmonic Pattern (Bat) Notes: you can wait for a confirmation on 15 min TF
On the daily chart, NZDUSD stabilized and rebounded from the low level. In the short term, we can pay attention to the potential bullish bat pattern. At present, the upward target of NZDUSD is 0.5970, which is the ratio of 0.382 of the CD band. After breaking through, the upper target is 0.6040, which is the ratio of 0.618 of the CD band. If the price falls below...
Welcome one and all to another bullshido episode of fake forex forecast. After a 2 weeks break in the magnificient sunny island in my dreams, lets wreck some havoc on the chart. This morning correction distro phase threw alot of buyers in disarray, creating a nice range from a sluggish monday afternoon blues. Tuesday morning looks like hairy bear movement, with...
Bitcoin is currently moving in an Important Resistance zone($68,000-$66,170) , which it has tried to break several times. It also seems that Bitcoin has succeeded in forming a 🦇 Bearish Bat Harmonic Pattern 🦇. I expect Bitcoin to drop to at least the Lower line of the Ascending Channel . Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. Do not forget to...
On the 4-hour chart, XAUUSD is currently falling from a high level, and the short-term bearish pattern is dominant. At present, the market can pay attention to the resistance of 2390-2400 area. If the rebound is blocked, it may continue to fall. The support below is around 2350. After breaking through, it may go to around 2315. When XAUUSD reaches around 2315, pay...
In 4H timeframe, Harmonic shark pattern. Price near reversal zone. Price near demand zone
ENTRY - lines marked below is potential reversal zone ( PRZ) - entry is strictly inside the zone - look for buying confirmation in smaller time frame ( 15 minutes preferred ) EXIT 1. target - mark fib retracement from C to latest swing low - TGT 1 - 0.236 fib level - TGT 2 - 0.382 fib level - TGT 3 - 0.5 fib level ( preferred...
On the daily chart, NZDUSD is fluctuating downward in the short term, and bears have the upper hand. The current downside target can be seen around 0.5894. After reaching it, you can pay attention to the potential bullish bat pattern. In addition, this position is in the previous demand area.
This technical analysis outlines a bullish stance on AUD/CAD, focusing on buying opportunities at discount levels with risk management through stop losses and profit-taking at the potential reversal zone identified by the Bat pattern. Traders should monitor price action and adjust their positions based on emerging market conditions and price movements. Always...
ENTRY - lines marked below is potential reversal zone ( PRZ) - entry is strictly inside the zone - look for buying confirmation in smaller time frame ( 15 minutes preferred ) EXIT 1. target - mark fib retracement from C to latest swing low - TGT 1 - 0.236 fib level - TGT 2 - 0.382 fib level - TGT 3 - 0.5 fib level ( preferred...
ENTRY - lines marked below is potential reversal zone ( PRZ) - entry is strictly inside the zone - look for buying confirmation in smaller time frame ( 15 minutes preferred ) EXIT 1. target - mark fib retracement from C to latest swing low - TGT 1 - 0.236 fib level - TGT 2 - 0.382 fib level - TGT 3 - 0.5 fib level ( preferred...
ENTRY - lines marked below is potential reversal zone ( PRZ) - entry is strictly inside the zone - look for buying confirmation in smaller time frame ( 15 minutes preferred ) EXIT 1. target - mark fib retracement from C to latest swing low - TGT 1 - 0.236 fib level - TGT 2 - 0.382 fib level - TGT 3 - 0.5 fib level ( preferred...
Reasons for bullish bias: - Harmonic Bullish BAT pattern formation - Price is at strong weekly support - Double bottoms - Safe entry at neckline breakout - Bullish divergence - Positive earnings Here are the recommended trading levels: Entry Level(Buy Stop): 35.38 Stop Loss Level: 30.89 Take Profit Level 1: 39.87 Take Profit Level 2: 47.53 Take Profit Level 3: Open
SHLS Bouncing off of the HOP level of a weekly Bat Pattern. Lower timeframes show a 1 hour unconfirmed bearish shark, idealizing entries of 6.39 and 5.85. Stop loss below the confirmation dot at 5.93, but this is significant drawdown at the current price of $7 so a lower entry is ideal. For targets I included XA level as this is a 75% move, along with the typical...
In 1 Day time frame, Harmonic bat pattern ,Price near supply zone in 1 Day time frame.
Looking price the recent structure and using the Fibonacci retracement price could still be in uptrend after a retest of the double bottom from lasts months low, bullish candle and price confirmation patterns could suggest a continuation to the upside with a price trend near Fib zone of 0.618 (0.54229) which is a sweet spot for entries. Price could also reach...
On the daily chart, USDX is fluctuating downward, and bears are in the ascendant. The current key support is at the 104.0 mark, and if it falls below it, it will continue to fall, with the downward target looking at around 102.8. When the market reaches around 102.8, you can pay attention to the potential bullish bat pattern.
In 4HR time frame, Price near daily demand zone. Harmonic bat pattern entry near 0.886 level. RSI below 35