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Bearish Bat

EURJPY - Bearish Deep Crab HOP LevelA Bearish Deep Crab pattern has touched the D-Point completion at 132.45. Counter Trend traders can consider engaging in the trade. Conservative traders can wait for 1) Further consolidation and make sure it didn't break and close above 132.77 for a shorting opportunity. 2) Wait for consolidation to happen at 133.60 for a shorting opportunity as a second chance entry for a shorting opportunity. That level coincides with the daily chart bearish bat pattern.
Short
by RaynLim
BTC possible bearish Bat patternBTC has been drawing lower highs and lower lows for the past few days suggesting the presence of a bear market. Furthermore, the coin appears to be drawing a large bearish bat pattern. The RSI is also largely overbought. In my opinion, the coin has just pumped to take out stop-loss from short traders. I expect a continuation from the downward weekly momentum and suggest we could be close to a local high. Short between 47k- 48k Stoploss: 49.2k Take Profit: 44k, 41k and 38k
BITFINEX:BTCUSDShort
by polock
1
Bearish Divergences - Bearish Bat When looking at Bitcoin in the 1H timeframe we have formed a couple of bearish divergences (1 Hidden 1 Regular). We have also formed a bearish bat gartley pattern. We are also coming upon quite heavy resistance (44.5K). Taking all of which into consideration, it seems Bitcoin will struggle to move above this current price range. If it does reach 44.5K I think that would be an excellent short entry. Thank you for viewing my post. If you like these kind of ideas, I kindly ask that you follow me for more! Thanks!
Short
by Nutty_Trader
10
USDJPY - Bearish BatA Bearish Bat setup for a Harmonic Patterns as a trend trading trade. I didn't shoot this to my trade ideas community because there is some form of risk on this setup. The long shadow candle or a pin-bar that was highlighted with the yellow eclipse is the reason that probably you shouldn't engage in this trade. But I'm getting adventurous today, because base on structure, it is telling me that the buyers can't keep it at the level and close low, which in turn show a pretty strong bearish candle.
Short
by RaynLim