Bullish Bat pattern indicating a turn for this pair from the recent trend. 3 Targets I'm hoping to hit here - all supported by Daily S&R levels.
The bearish bat pattern has completed with all criteria met. RSI did hit overbought level and is coming down, pattern completed with price in PRZ. R:R at 1.69 (TP1) and 2.89 (TP2). Not too enthusiastic about TP2 due to ongoing Brexit issues. Good luck.
just an idea for now, will let it develop and follow later.
Good morning, a bullish bat pattern is forming, waiting for RSI to reach oversold level. R:R at 1.8 (TP1) and 2.9 (TP2). Good luck.
Bullish Bat with bullish divergence Measurements - .886XA - 1.27AB=CD - 2.0BC
Theory of this BAT pattern fits perfectly on Bitcoin 1 Hour chart. Don't get loss in time, pattern will take up to 5 days to complete. In this correction will be more profitable buy alt coins than bitcoin, they are goin to be more affected by this drop and they are already in important suport zone on the BTC market. So they will recover faster
We're at the D point of the daily cypher pattern and at smaller timeframes another cypher and bat pattern is completed at the same level. We'll be using the 50% retracement of the CD leg for the final target which is approximately 152.000 even handle. Good Luck. Credit: ceycey, memos, yfxtrader
Reverse H & S Trendline Break USDJPY
Bearish bat on the weekly and bearish crab on the daily. Both pattern have very good measurements, and we are also seeing bearish divergence on the crab pattern.
Let some comments there.
EUR/USD is bearish for the moment, but it might find a strong support on the 1.2000 area, from which it will bounce back.
LONG TO 35 WITH STOPS RIGHT BELOW 31.80. IF STOPS ARE HIT, ENTER SHORT TO 25 WITH STOPS @ 32
BULLISH BAT. TP 212. BUY NOW. IF YOU HAVEN'T ALREADY, DOWNLOAD JAFX. I KILL THE MARKET BOTH WAYS USING THIS BROKER. GREAT CUSTOMER SERVICE AS WELL