FKLI TRADING : 184) 2 "colorful" advanced patternsthis is trade 184 frm haidojo trading...
"these two are my possible next "fish"...
1) bearish gartley pattern
2) bearish bat pattern
both of them are consist of a "short range" hanging frm 1557-1570...SL could be a few points abv it...1st tp at 1541, 2nd tp at 1520..."
QUOTE FRM MY EARLIER ANALYSIS...
i haven't updated much since trade 179...the reason is simple...it has nothing much to update about...the market is hanging in sideway...
probably becox of the political unrest and ppl's sentiment of possibility of 2nd MCO...haiz...
thing doesn't look gud for both the patterns...most possibly, the market is going to drop nose-dive first...
too soon to say...let's see what happens next...
higher-resistance : 1557-1570 ( bearish bat and gartley patterns)
resistance : 1540
immediate resistance : 1515
lower support : 1477-1484
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
Bearish Bat
FCPO TRADING : 181) bearish bat patternthis is haidojo and the number is 181...
"bearish bat pattern - short at 2947, SL 2983, 1st tp 2900, 2nd tp 2800..."
things don't seem good on our bearish bat pattern...price continues to slide lower...so the strategy is : "short on rebound"...
higher resistance : 2900
immediate resistance : 2800
psychological level : 2700
lower support : 2600
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD… any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
GBPJPY - Bearish Bat Double Top GBPJPY has one of the most amazing shorting opportunity. We have a bearish bat pattern on the M15 chart, Double Top with RSI Divergence on the 1-hourly chart, candle rested below the moving averages on the 4-hourly and daily chart. Trade has already engaged, let's see how it rolls out.
FCPO TRADING : 180) possible bearish bat patternthis is haidojo and the number is 180...
a possible bearish bat pattern is formed today...
short at 2947, SL 2983, 1st tp 2900, 2nd tp 2800...
higher resistance : 2900
immediate resistance : 2800
psychological level : 2700
lower support : 2600
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
$USDRUB - Perfect bearish batHi guys!
Dollar Russian Ruble is about to form a perfect bearish bat pattern.
In my opinion the uptrend is pretty much to be expected as there is a strong support at 74.638.
Long then short could be a good takeout here.
Cheers!
Trade with caution. Not an investment advice.
POTENTIAL SHORT (BEARISH BAT APF) H1 TF)POTENTIAL SHORT (BEARISH BAT APF) H1 TF)
*THIS PATTERN WILL VALID ONLY UPON COMPLETION OF THE PATTERN
*W4C IS THE BEST WAY TO ENTER
TREND STATUS:RANGING
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 lose.....
USDJPY Multiple Pattern SetupsLooking at this pair it looks like we have a few patterns setting up. Depending on what you trade we have a valid Bear Bat Pattern and Bear Gartley Pattern as well. I will be looking at taking the first to complete which is the Bear Bat Pattern. The Risk/Reward to target 1 is about 1/1.25 and to target 2's is roughly 1/2.
-Raymond Jeffries
EURJPY - Type2 Bearish Bat A counter-trend opportunity on EURJPY as the market presents a Type2 Bearish Bat Pattern setup. Trade has already been engaged and it takes on an aggressive approach, well, sort of. The market did have a confirmation before(circled in yellow) right now is the retest or known as double top to some. The only concern is that candle confirmation(circled in yellow) is kind of weak and the current candlewick is kind of long as it is a sign of weakness towards the downside. We will be observing closely on the market movement and will take necessary steps.
$ETHUSD - Possible bearish bat patternThere is a possible bearish bat pattern formation on ETHUSD. Key resistance levels to watch are 400 and 415. Ethereum should break the current 392 resistance with a stronger impulse to advance to 415, if that doesn't happen it might continue the drop towards 369 - 365.