A BUY of FTSE at last week's lowHere is why we are buying this pair at 8635.
1) It is well supported by last week's low
2) There was a big pattern last week to buy at the same area. This level is being retested.
3) There is a small pattern to buy right now (Although not clear on this platform)
4) M15 divergence in place.
Stops is about 40 pips.
Batpatterrn
AUDJPY BULLISH BATHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
Emerging Bullish Bat Pattern Signals Upside Potential on GBPCADDear Traders,
Below is my outlook on the GBPCAD currency pair.
A bullish Bat pattern is forming on GBPCAD, with completion expected in the 1.79105–1.78715 region. After this, an impulsive rally to the upside is anticipated. On the 4-hour timeframe, the overall trend and sentiment remain bullish, though momentum has slowed due to a correction following the September 20 high. If the price reaches the completion zone, I expect a rejection to the upside in continuation of the bullish trend, with targets at 1.79935, 1.80835, and 1.81322.
The stop loss is set at 1.7878.
Do let me know your view in the comment below.
Cheers and Happy Trading
COINBASE: BULLISH – "BAT" detected + Correction possibleCOINBASE: BULLISH – detection of a “BAT”
The price could fall on the gaps at the level of 165-121
The possible rebound zone is between 70 and 132
A rebound would therefore be possible to initially seek
the 203
the 259
the 288
then my “PRZ” zone around 320 360
The ROC is in positive territory
Be careful.