Bearish Bat
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
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en=entry
tp=take profit
sl=stop loss
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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
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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! ✊🏻
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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.
Bearish Bat Pattern (DAILY)The Bat Pattern , is a precise harmonic pattern discovered by Scott Carney in 2001
The pattern incorporates the 88.6%XA retracement, as the defining element in the Potential Reversal Zone (PRZ).
The B point retracement must be less than a 61.8%, preferably a 50% or 38.2% of the XA leg. The Bat utilizes a minimum 161.8%BC projection.
In addition, the AB=CD pattern within the Bat pattern is extended and usually requires a 127% AB=CD calculation. It is an incredibly accurate pattern and requires a smaller stop loss than most patterns.
NZDJPY - Bearish Bat CheckbackBearish Bat Pattern check-back on the resistance level. I will observe closely how the market reacts to the resistance level.
EURJPY - Bearish BatHaving my fundamental bias on shorting EURJPY, this bearish bat pattern that forms up within the sell zone sure gives a nice opportunity to short it.
EURCAD H4 Bearish Bat PatternConsider this as a Bearish Bat Pattern. Price should go down. Any thought at which price it will land?
Bullish Crab Vs Bearish Bat (4H)The Bulls and the Bears have both reached TP1 on each pattern and are now vying for dominance.
This situation leads to the formation of a triangle pattern.
