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Bearish Bat

Trade Ideas Position: GBPAUD BatGBPAUD has a reputation for significant movement as a currency pair, and it is not the most suitable for Harmonic Patterns. This trade has two major disadvantage to the setup: 1. Pattern completion is overextended 2. There is a strong bullish candle on D, and the market immediately went into consolidation. Why do I still engage the trade? 1. RSI Divergence 2. AUD has been very bearish for quite some time, a correction(bullish) may cause a pullback and all I need to see is a break and close below 1.9639 that allow me to shift stops to entry. Conservative traders can wait for the break and close below to happen before engaging the trade. Make your own trading decision and don't follow blindly.
Short
by RaynLim
#BTC weekly Plan B - #2020 is DO OR DIE year for #BitcoinI published this idea last week & my whole idea was we should see at least 10761 - however, after that BEARISH weekly close, we just had, my priority shifted to short & trying to get the best entry possible, I apologize I haven't been able to publish this idea sooner but I did share my trade setups on Telegram. if you are still not in any position I expect a retest of 99xx levels which can give you a safe entry to ride this move, I am looking at few patterns forming but we need more time to confirm! Overall at the current levels, priority should be shorts 1 - Bearish BAT - as you can see on chart possible Bearish BAT forming with the targets of 72xx 2 - Bullish Bat forming - My average short entry is 10290 which is close to the top range of the high of this week so far, I am looking to ride it down to at least 9000 levels. 3 - Weekly Triangle - so one of my subscribers showed me this & it's a good take on Triangle expecting a test of the support around 75xx levels, & If it doesn't hold then just RUN!!!! 4 - Weekly Triangle 2 - This is close to our original plan of Inverse Head & Shoulder. to summarize ride the trend until it changes, I am focusing more & more on swing trades as they are far more peaceful, I do use 4hr sometimes however nothing lower than that. as always you can also use Leverage on FTX, bybit or Bitmex to multiply your profits but remember Leverage Trading is HIGH RISK So is Crypto trading & that's why I am legally obliged to say #DYOR remember I am not a financial advisor & this are all just my thoughts :) make sure to leave a comment & if you agree then hit that thumbs up Do not forget to check out other ideas & do share it with your friends :)
BITMEX:BTCUSD.PShort
by TradingV2
7
US Equities in Expanded Irregular Flat correction; Bearish Bat!B-D a perfect Fibo 1.618 extension to 1.05 x X-A in double top. This is extremely Bearish. Megaphone pattern suggests continuation of correction to tar zone ~27600. Might expect a last push to ATH in April after target zone achieved. We got divergence in Transports DJT and Russel 2k RUT, both lower with mixed markets- toppy! This is not investing advice; post is intended purely for education and your wry amusement! Trade with care, GLTA!
DJ:DJIShort
by DaddySawbucks
34