Here is why we are selling. Trend: W1: Down D1: Down H4: Up but it is overbought Moving Average: Within Daily MA H4 pointing upwards Pattern: Bat on M30 Strong resistance at 1.0705 35 pip stop loss. 100 pip target Lot of divergence on M15
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 A quick masterclass video today on bullish and bearish Harmonic Bat Patterns. How to use them, how to determine the...
This trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. AUD-USD Forex pair is moving in a Bearish direction and is expected to take reversal from Potential Reversal Zone (PRZ) shown in the chart. Bullish Bat Harmonic Pattern is used to identify the projection from its current price whereas Short Trade Setup is given to grab...
Welcome traders! GBPUSD is currently trading near a key market level of 1.2400. This is an important level as the market has previously fallen more than 600 pips from this level. It is important to note that this pair has been in a strong uptrend, and now we are near strong resistance, it might be wise to consider a possible sell trade. It is possible that the...
Gold seems to be preparing for a market correction and make a potential (A B C) or if default (1 2 3 4 5) as confirmation we have a trailing diagonal, harmonic bat pattern and strong downward momentum that can characterize a trend change.
We have a terminal bar check back entry bouncing off daily golden zone 50 to 61.8% levels
Analysis of #AUDUSD The AUDUSD possibly forming a bearish harmonic bat pattern might complete near strong supply zone where the market showed a bearish reaction to provide a reason to get into sell trade if the rules for entry are met. Thanks for your continued support!
Hi traders, AUDCHF is setting up for a downside move watch price to complete our pattern and look price action on the top for a short position opportunity if price drop from the current area and break 0.62298 level without hiting our mentioned entry level then this setup will be invalidate. If you are taking this trade so please i request you trade with your...
We can see forming a bullish bat pattern at H4 timeframe #EURCHF. We have entered 2 buy limit orders with SL below wave X. #riskmanagement 0.5% each trade
Hi Traders, Investors and Speculators 📉📈 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 In today's analysis, we'll look at a different way to speculate the next immediate price action of an asset : the...
Analysis of #USDJPY Sorry, another good JPY idea, makes the total of today's JPY analysis total of 4, AUDJPY & CADJPY, CHFJPY, USDJPY here we have trendline resistance, and a bearish harmonic Bat pattern completing exactly at trendline resistance, to provide a reason to get in a sell entry. ________________________________________ 💭 | Comment your...
Analysis of #CHFJPY It Seems today all ideas are on JPY pairs, here is another one Similar to my AUDJPY & CADJPY analysis a couple of minutes ago, here we have trendline resistance with supply zone, and a bearish harmonic Bat pattern completing near this supply zone & trendline resistance, to provide a reason to get in a big sell entry. ...
Very sharp decrease on Bitcoin. There was some slight reaction on 78.6 Fibo recently. If 17700 will be broken, there might occur fullfillment of Bat Pattern on 88.6. At that zone there is also former resistance level. Potential bullish reaction at 11200-12000 should be treated as corrective move (range indicated by rectangle). Trade carefully!
USDCAD is approaching its first target TP1 1.26618 after the formation of an advance harmonics pattern bat. The price did breakout the entry level EL 1.28172 with confirmation @1.28109 💼EL 1.28172 ⚠️SL 1.28712 🎯TP1 1.26618 🎯TP2 1.26027 🎯TP3 1.25285
USDCAD - Looking bullish, we had a butterfly pattern complete on the D point which was also a previous weekly BOS zone. Price then broke the LTF momentum trendline and broke structure on the 3/4H TF creating EQH, indicating bullish momentum. Price is now making LH & HL and we have a potential bat forming, this bat fits nice with the weekly downtrend as the.886...