NZDJPY - Bearish BatA consolidation that happens near the Bat Pattern completion often signals a warning sign. That being said, I will look closely to the pattern completion, the only thing I will not do is to place a Sell Limit order for the trade.
Bearish Bat
USDJPY-Weekly Market Analysis-Jan21,Wk4An emerging Bearish Bat Pattern formation completes at 104.00. Although it is a nice Price Action Level, it may violate the sideway consolidation upper-trendline.
That being said, on the 1hour chart, it can have the bearish bat formation and not breaking the integrity of upper trendline as long as the market turns and close below the trendline before the close of the 4-hours candle.
I'm looking at a bearish Dollar on the short-term.
Bitcoin could to form a bearish channel; but bullish to hold!!!In this analysis, this it's another update of the chart that Bitcoin it's continue down in H4 timeframe. And that what I selected in red circle this it's an theory that price action it's show a bearish candlestick group.
Now if you see in H4, this it's so bearish for the crypto market. But if you see in the chart like H1 or H2 timeframe, you can to noticed that Bitcoin it's below of the EMA 200, that mean that Bitcoin it's in the bear trend.
And that, it's the H8 timeframe and it's bearish too.
So, in general, I'm short Bitcoin from the $33,000 USD. Remember, if you follow me my signal that I post in my past Bitcoin analysis. Now, if Bitcoin doesn't break down the support of $28k, we could to formed a bullish setup channel for Daily chart that show us that Bitcoin it's prepared to go up and then, we could to considered to hold Bitcoin in this long position above of $28k, But if in any case Bitcoin doesn't support the $28k, we could to have a probable more drop toward 25,700 USD and included $22k, but for that bear scenario, I hope a break down of $28k Ssupport to re-continue sell Bitcoin toward the $22k.
That it's my own plan!!!
So, we hope that Bitcoin continue down toward the $28k, that it's my support key to considered that Bitcoin it's need to stop the down.
Bitcoin Bull Run Possible ScenarioMonthly chart shows you a bearish bat with possible targets for the new bull run. I can see a retrace one more time (after US election results?). It all depends on what covid19 will bring to the table for the next 6 months... rest will be history again.😊 Please feel free to comment below if you have any further questions or if you see something different. Cheers! 👍
USDJPY-Weekly Market Analysis-Jan21,Wk3USDJPY has been on a bearish run and if you are looking for a shorting opportunity, you might be interested to look at this trading ideas.
A Bearish Bat Pattern completing at 104.07 will be the earliest level for traders to look for a shorting opportunity.
BTC 4H Updateafter BTC Recovered its price again above 30K we can see great move to get 40K back and it breaks now the dynamic trend line ... but it could be a trap to whale sell their BTC in good profit level an they dump price again so be aware about that.
also we can see possible BAT pattern in chart which will end at around 40 and 41k and make a correction to fibo level that i mentioned in chart .
in the other hand if price could stabilize above the PRZ zone could make a new ATH again around 50K.
the market is in very risky situation now ... so deal with it wisely :)
GBPJPY - Bearish Bat on Sideway BounceA bearish Bat Pattern appears on the 4-hourly sideway bounce formation. I've almost missed this trade as there's a gap down with a different candle on Point C that's painted on my Live Trading Account on my MT4. It is a good practice to cross-check your charts on Monday especially when there is a gap, these are good practices of a trader.
I've engaged the trade as the trading setup gives a very tight stop with a great profit projection.
CADJPY - Bearish BatThis Bat Pattern is quite a highlight for me. I'm waiting to engage this trade only after Monday 11Jan21 1200hr(+2GMT) which is 6pm Singapore time. The preferred entry price is at 81.94. A lot of people may know harmonic patterns but they aren't aware of the rules and filters that's why the results that they are getting are not optimal.
The best part of this Bearish Bat Pattern is that if it works, I may have a target stretch out to the Bullish Gartley Pattern formation on the daily chart. Look at Point C, I'm highlighting it not because of the Bat Pattern completion on the 4-hourly chart, it is more of it violating 1 of the rules of the Gartley Pattern, with that the market may fall through the Gartley Pattern and may even form a Crab Pattern, that would give me a potential target of 533pips that is looking to fulfilled as early as 26Feb2021.
EURUSD - Bearish Bat PatternNice gap up from market open today, and right now the market hit the consolidation zone within the bat pattern. It's a great area for traders to consider for a shorting opportunity as a counter-trend trading trade.
GOLD potential short opps (bearish bat) tf @ 4hGOLD potential short opps (bearish bat) tf @ 4h
en = 1942.814
tp = 1820.276
sl = 1991.498
*****************
en=entry
tp=take profit
sl=stop loss
*****************
Disclaimer:
Trade plan for educational purposes only. Trade at your own risk.
GOLD potential short opps (bearish bat) tf @ DGOLD potential short opps (bearish bat) tf @ D
en = 1941.435
tp = 1823.490
sl = 2003.577
en=entry
tp=take profit
sl=stop loss
#Bitcoin Targets $4,500!Make Sure You Take Your Profits!
Be Fearful While Others are Greedy.
Use Stop Loss!
Holders get Rekted!
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Bearish Bat - GBPUSD - 1Hour TF.Hello,
Pattern : Bearish Bat
Stock : OANDA:GBPUSD
Time Frame : 2 Hour.
Always look for reversal patterns in rectangle box area which is a reversal zone and take trade basis on it.
Note : This chart is only for study and reference purpose.
btcusd Bearish BAT Pattern till 18000 then crush below 6000Bitcoin is forming classical bearish bat Harmonic pattern and this mean a Bear Market till Middle of 2021 reaching for Bitcoin the prices below 6000
profitandstocks.com
Icicibank - Bearish BatIcicibank near to PRZ of bearish bat on weekly TF and also has 2 supply zones above, Hard time for icicibank. Lets see how price react at PRZ...
CAD/JPY : BEARISH BAT PATTERN - POTENTIAL R/R over 2.00% 🔔Welcome back Traders, Investors and Community!
Analysis of #CADJPY
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Strategy: Bearish BAT With potential Max over R/R 2.00%
A clear chart is Always the best business card for a trader.
***
Your support and feedback will always welcome
Thank you for your time.
The information contained herein is not intended to be a source of advice or credit analysis
Regards,
Walter
EUR/CAD :UPDATE BEARISH BAT PATTERN - POTENTIAL R/R 2.04 🔔Welcome back Traders, Investors and Community!
Analysis of #EURCAD UPDATE
If you have found this useful then help us support my page by hitting the LIKE button.
If you are not subscribed yet then please feel free to follow my page for daily updates and ideas. Thank you
It means a lot to us!
***
Strategy: Bearish BAT With potential Max R/R 2.04
A clear chart is Always the best business card for a trader.
***
Your support and feedback will always welcome
Thank you for your time.
The information contained herein is not intended to be a source of advice or credit analysis
Regards,
Walter
$XPTUSD - Bearish bat on Platinum chartHi guys! 👋🏻
🔔 Harmonic pattern to watch - Bearish Bat 🦇
🔔 Posted for educational purposes, not to be considered as an investment advice.
🔔 Trade with caution today as both EU and US CB Chairman will be speaking, expect volatility.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
EURUSD Bearish Bat FormationThis chart is perfectly suited to bear bat formation.
The lengths between the points X, A, B, C, D have been checked.
This pattern marks the beginning of a bear market.
The estimated target is point C.
(Episode #419) EURJPY - Bearish Bat (29Nov2020)EURJPY is the most interesting setup for this week analysis. It has a head and shoulders formation on the daily chart, emerging gartley pattern on the 4hourly chart and a bearish bat setup on EURJPY 1-hourly chart.
When the market open we are going to observe if the market has a confirmation signal before we engage the trade.
