Bearish Bat
Bitcoin Analyze (Triple Three Corrections) !!!hello, I have to say thanks to all users that respect ideas that are even wrong (Please Respect each other🙏).
Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰
First, I have to say sorry for the busy chart, but I suggest to you please spend some minutes on this post, probably useful (This is just my idea).
Location🌊 : Bitcoin's Correction has started around 64200$ (The Corrective structure is Zig Zag 5-3-5). I believed that microwave 4 of main wave C ended at 41330$ == Microwave 4 was like Descending Triangle, but when the upper line of Descending Triangle has broken yesterday, as I said in my previous post ''If price breaks our triangle (to up), probably microwave 4 will be the Triple Three Corrections type (WXYXZ)''. now, we lost Triangle and I think that we have a Triple Three Corrections.
What is my aim 🎯? Answer: I want to find the end of microwave 4 of main wave C or where will microwave 5 of main wave C start ?!
I want to say some of the necessary concepts for Triple Three Corrections and then compare them with our chart's conditions (Let's go):
The corrective structures are labeled as WXYXZ . The corrective structures are labeled as WXYXZ. They are an 11 swing structure. The subdivision of wave W, wave Y, and wave Z can be a zigzag, a flat, a double three of smaller degree, or a triple three of smaller degree. The Wave X can be any corrective structure including a stand-alone triangle.
The Fibonacci ratio relationships are as follows. Wave X will retrace anywhere from 50%, 61.8%, 78.6%, or 88.6% of wave W.Wave Y can not pass 161.8% of wave W or it can become an impulsive wave three. The second wave X will retrace the wave Y in the same aforementioned Fibonacci retracement levels as it did the wave W. The second wave X structure does not have be the same structure as the first wave X. The Wave Z target area to finish the triple three correction will be a Fibonacci extension 61.8%, 100%, or 123.6% of the wave W.
one of the standard templates of three corrective structure combinations that can form triple three corrections == this particular one is a double three wave W followed by the first wave X being a zigzag. Likewise as the wave W, the wave Y is a double three. This is followed by a zigzag second wave X connector. The wave Z ends with another double three.
now I want to compare my chart with upper conditions:
The corrective structures are labeled as WXYXZ . They are an 11 swing structure== I was able to find 10 swing structures and I think that we are on the eleventh swing (Wave (Z)).
The subdivision of wave W, wave Y, and wave Z can be a zigzag, a flat, a double three of smaller degree, or a triple three of smaller degree. The Wave X can be any corrective structure including a stand-alone triangle == our waves have these shapes.
Wave W is a double three Wave == the wave (W) is a double three Wave✅ // Any three ✅
Wave X will retrace anywhere from 50%, 61.8%, 78.6%, or 88.6% of wave W == Wave (X1) has complied.✅
Wave Y can not pass 161.8% of wave W or it can become an impulsive wave three == Wave (Y) has complied. ✅// The wave (Y) is a double three Wave✅
Wave X will retrace anywhere from 50%, 61.8%, 78.6%, or 88.6% of wave Y == Wave (X2) Has retraced 161.8%, t Has not complied but I am talking about the standard template ❌ //Any three ✅
The second wave X(X2) structure does not have be the same structure as the first wave X (X1) == This item has complied ✅
The Wave Z target area to finish the triple three correction will be a Fibonacci extension 61.8%, 100%, or 123.6% of the wave W.== The wave (Z) ends with another double three.// My aim 🎯
If you read my explanation carefully, you will know that my counting waves are really close to one of the standard templates of three corrective structure combinations that can form triple three corrections.
Where is the end of Wave (Z) ?!
My idea : Structure of Wave ( Z ) is ( Flat 3-3-5 ), and I think that we are on microwave C of microwave ((Y)) of Wave (Z). Wave C terminates just slightly beyond the end of wave A at around 113% to 127.2% (Standard).
The End of wave C or the End of Wave ( Z ) ( End of Main Wave 4 == My aim 🎯 ) :
Target 1: 36370$ == (113% Wave A) // 37320$ (127.2% Wave A ) // 37555$ is Yearly Resistance 1 .
Target 2: 41280$ until 40290$ ( Resistance + Cluster of Fibs+ Topline of the upper channel + upeer line of Bearish 🦇Bat🦇 Harmonic Pattern ( we have this pattern on this zone) )
Support zone: 31620$ until 30960$ ( Support + Cluster of Fibs+ the lower line of Descending Triangle ) == Heavy & important Support
Also, still, I am believing in Bitcoin Long-term Analyze ( Monthly Time frame)📆: Please read this post carefully ( I ❤️LOVE❤️ THIS POST😀)👉https://www.tradingview.com/chart/BTCUSDT/PTviG7sS-Bitcoin-Long-term-Analyze-Monthly-Time-frame/
My Suggestion: please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. Over 43780$ our counting waves will fail and we can think about buying coins. Thanks for reading this Long text🙏💐.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
NZDUSD - Bearish Bat checkbackA Bearish Bat Pattern has formed and I'm waiting for the market to retest 0.7080 for a shorting opportunity as a trend trading opportunity.
EURUSD-Weekly Market Analysis-Jul21,Wk1Well if you have missed the bearish shark shorting opportunity, you might not want to miss this Bearish Shark Pattern on the 1-hourly chart which has to form before 29Jun2021, 1am(+8GMT). If the candle fails to touch point D before the dateline, I will scrap this trading idea.
Lots of traders have complained that the market volatility has dropped, but we still managed to capture some great profits. Check my link(within TradingView at the bottom).
My student has spotted a shorting opportunity as well, leave your thoughts on which trading setup do you prefer, and why?
DASHBTC is testing the daily support 🦐DASHBTC is testing the daily support after an important bearish impulse. IF the price will lose the support, we can see another bearish impulse.
According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
USD/JPY Bearish Alt BatHere you can see USD/JPY is forming a bearish bat harmonic pattern. Waiting for the entire PRZ to be tested and open a short position.
S&P ILF ETF .... Heading South ?Nice well shaped Harmonic Bat formation.
Watch, let it get a head of downward stream and jump on.
The largest component of this ETF is VALE at 16%
As always do your own Due Diligence and respect overall market direction
Good Luck
S.
Short seems betterWe have double top pattern!we are seeing a pullback right now!short positions are more logical than longs!
EURNZD > Bearish Bat Pattern!!Analysis on #EURNZD
Hello friends.
Possible bat pattern near strong supply zone where the price fell sharply 275 pips,
I will keep an eye on this pattern for the D leg completion to enter a short trade
if this setup delivered value to you, like and comment
Check today analysis below⠀
>>“Markets are never wrong, but opinions often are.”
____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
POTENTIAL SHORT BEARISH BAT H1TF POTENTIAL SHORT BEARISH BAT H1TF
*W4C IS THE BEST WAY TO ENTER
Abbreviations / Keywords:
LTF - Lower Time Frame
HTF - Higher Time Frame
TF - Time Frame
TRS - Trend Reversal Strategy
CRT - Counter-Retail Technique / Break-out
APF - Advance Pattern Formation
W4C - Waiting for Confirmation
LLCC - Lower low, lower close
HHHC - Higher high, higher close
SL - Stop loss
TP - Target Profit
POR - Point of Ruin
RRR - Risk Reward Ratio
Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to loss..
POTENTIAL SHORT BEARISH BAT H1TFPOTENTIAL SHORT BEARISH BAT H1TF
*W4C IS THE BEST WAY TO ENTER
Abbreviations / Keywords:
LTF - Lower Time Frame
HTF - Higher Time Frame
TF - Time Frame
TRS - Trend Reversal Strategy
CRT - Counter-Retail Technique / Break-out
APF - Advance Pattern Formation
W4C - Waiting for Confirmation
LLCC - Lower low, lower close
HHHC - Higher high, higher close
SL - Stop loss
TP - Target Profit
POR - Point of Ruin
RRR - Risk Reward Ratio
Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to loss..
Is NASDAQ Out of the Wood?Nasdaq along with other US stock indices has been recovering a big chunk of losses since last week.
However, obviously, we are not out of the wood, and if we ain't, do we sell or wait?
There's still a pretty good chance we see the market tank for a second time and one of the reasons is that the pullback is still well lesser than 10%.
If you go back and look at every major pullback up to early 2020, you would have realized every major pullback went well over 10%
Another consideration is the current fundamentals are different as well - we now have a serious risk of inflation while back then we don't and the market has a lot to pump the stock market with their stimmy checks from the Fed.
Right now, we are seeing a probably M formation in the making, a formation of a bearish bat completed and just nicely seated between the Fibo levels of 61.8% and 78.6%.
Well, this trading could go wrong as far as the stock market is concerned, I think we do have a valid trade setup to sell with low risk and high reward ratio.
Besides, the price is considerably high if we based on the entire range of the market as marked out with a channel.
NZDUSD > Bearish Harmonic Bat Pattern!!if your kind and generous leave a comment and like this post, it will really support the creation of more free ideas like this one for you
Analysis on #NZDUSD
Hello friends.
Here we have the market moving sideways, and we use when market doing so, we look for harmonics, and here we have a possible bearish harmonic bat pattern that might complete soon for a day trade.
Safe trading everyone
Check today analysis below⠀
>> “Do not anticipate and move without market confirmation.”
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
4 bearish signals in Ger30Looking at the German DAX (Ger 30) we see 4 bearish patterns:
A Bat formed by the last swing
A H&S Pattern formed by the last 3 swings
Contact with a strong resistance area at the ATH (tested 3 times now).
RSI in oversold territory.
It seems like a horde of bears is around the corner. Did I miss something?
GBPUSD - Bearish BatFinally, the Bearish Bat Pattern has formed up and has completed and retest. I'm waiting on the 6 pm candle close for a shorting opportunity on the Bat Pattern as a counter-trend trade.
NASDAQ 100 BAT formation ?As I said before, the doubletop resistance appears to be broken in the NASDAQ index, which reacts from the daily support zone. In case of a bearish BAT formation, it can pullback to the resistance zone it has broken before.
USDJPY > Awesome Bat Pattern Might Complete Soon!!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis on #USDJPY
Hello friends.
A possible bearish harmonic bat might complete soon near a very good selling zone where the price dropped previously 345 pips or 3%.
Safe trading everyone
Check today analysis below⠀
>> “Time is your friend; impulse is your enemy.”
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Extreme Amounts of Bearish Divergence at PCZ of a Bearish BatThis is a follow-up to my previously successful idea for Litecoin that called the rise to $300:
We have both RSI and MACD triple Bearish Divergence on the 3 day time frame after hitting the .886 of a Bearish Bat Harmonic.
I believe that LTC could bearishly reverse between the $331-$416 area. If we get any significant price action above $420 then i will suggest stopping your losses.
Our profit taking targets will be between $105-$69which is our previous major Support and Resistance Zone.
GBPNZD > Bearish Bat Might Come Soon!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis up on #GBPNZD
Hello friends.
This is another harmonic bearish bat pattern similar to my analysis on GBPAUD that might complete soon to provide a reason for a sell trade, notice how the market slides from this zone almost 420 pips
I would like to see a reversal pattern on the lower time fame as I don't want to sell in the face of this strong move-up.
Safe trading everyone
Check today analysis below⠀
>> "The goal of a successful trader is to make the best trades. Money is secondary"
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
