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Bearish Bat

GBPUSD-Weekly Market Analysis-Dec19,Wk2Apologise to the English Viewers for missing out the bearish shark pattern for a better chance entry. As mentioned on the video, this week GBPUSD on 12Dec19 there is a General Election, to me, this is as good as the 2nd referendum for Brexit. I'm not so much looking at if Brexit party win UK Pound will fall or Brestay party win UK Pound will rise, is more of the majority vote is given to either party, UK Pound will rise and if the result came in just as divided as the Brexit 1st referendum, UK Pound will fall hard. Traders who decide to engage the trade-in, either way, have to be careful of: 1) Market Whipsaw 2) Spread Widening Traders who have engaged the trade may consider this. Leave target2 open or extended target as a market expansion is expected why not look for 2nd support or resistance area as final target profit. If uncertain, avoid all GBP and EUR related pairs.
Short
by RaynLim
Bearish Bat (Bitcoin) Update if we hit the 50% retrace.Good afternoon, just an update on the potential Bearish Bat pattern if we run up to the 50% retrace before selling off. We hit our .382 and my ideas for what we may be in the makes for are already posted. Now it's time I post the 50%, 61.8% and 78.6% retraces if we ever hit them. For the Bearish Bat, just like the 38.2%, if we hit the 50%, we are still looking for a sell off between the current prices and the 88.6% retrace before that divergence plays out to the upside. Join our Free Telegram Channel: t.me -or- Join our Open Facebook Page. Make sure to like and follow! :D www.facebook.com We just went live as of now on. Our premium channel is charging only $15 a month right now in consideration to a Black Friday Sales that last until December 31st. Prices after that will differ slightly. But again, we are only charging $15 a month down from our original price of $99 a month. We give the best possible technical analysis with a touch of art work to it hence the name "ChArtWorks" ;). "We remove the hard work from your end and just give you the trade set ups along with education." Feeling generous and wanting to show us love and support? Donation Options in (Crypto) are down below <3 commerce.coinbase.com
COINBASE:BTCUSD
by ChArtWorks_TechnicalArts
EURUSD-Weekly Market Analysis-Dec19,Wk2The bullish bat pattern is still valid, if the market head down and retest the entry price, I will engage a long trade after candle confirmation. If the market extends upwards, I will short it. reason being, on the higher timeframe, is shows consolidation and either side of the market expansion is possible, that is because my trading style having the 1st target reach, I will shift stops to entry and keep the winner, therefore event market didn't expand, I'm ok with it too. Because once market reaches the 1st target I will have no downside, only upside.
Long
by RaynLim
Bitcoin Bearish Bat IdeaGood evening, Last Post on Btc was in Log scale. This is in Linear. I talked about two ideas for Bitcoin. This is one of them. The "Bearish Bat" idea. Wave C could extend us down to the 6820ish support or slightly below before rallying onto higher prices. We'd be looking for that Confirmed daily bullish divergence. Join us for only $15 a month, $75 for 6 months and $120 for an entire year. We are far more cheaper than other trading groups. We provide services on both Telegram and Facebook . Join our Free Telegram Channel: t.me -or- Join our Open Facebook Page. Make sure to like and follow our Facebook page! www.facebook.com We just went live as of now on. Our premium channel is charging only $15 a month right now in consideration to a Black Friday Sales that last until December 31st. Prices after that will differ slightly. But again, we are only charging $15 a month down from our original price of $99 a month. We give the best possible technical analysis with a touch of art work to it hence the name "ChArtWorks" ;). "We remove the hard work from your end and just give you the trade set ups along with education." Feeling generous and wanting to show us love and support? Donation Options in (Crypto) are down below <3 commerce.coinbase.com
COINBASE:BTCUSD
by ChArtWorks_TechnicalArts