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Bearish Bat

Litecoin Long Term Potential Bearish BatJust an idea for now ;) Showing Hidden Bullish Divergence on the MacD as well as Bullish Convergence on the RSI. I think their is a lot of confluence with critical fib nodes here! Twitter: twitter.com If you want to be a loving supporter of me and my "ChArtworks" $BTC: 35tmT7MAQXZm7rr1KzZMWNRpN2iyrnSB4z $LTC: LVfCT9fu4dYyFAo5cW5xLrzHZHWFoG85hn $ETH: 0x390d207b9bde62f2806caddfb94809de61da50d9 $x42: XZXm43FJcZHEVNs9dh8mdfzWyY6VfmJvPc Donations are never required but they are greatly appreciated! Your Supportive comments and follows are just good enough too :D <3 Join the best Crypto and Technical Analysis Community in the world! Discord: discord.gg (Mitch Ray's Channel) Amazing community and I highly recommend checking out Mitch Ray if you haven't yet!
POLONIEX:LTCUSD
by ChArtWorks_TechnicalArts
GOLD Bearish Harmonic Bat completed with an Ascending TriangleThe Harmonic Bat Pattern which was developing (look at the related post) completed at: 1517.82 Trendlines reveal an Ascending Triangle. Prior to the pattern we see a significant uptrend, in that case the Ascending Triangle indicates that the uptrend trend is more likely to continue. Profit target for this pattern is 1568.18 Dont forget to like the post and comment your thoughts below. Thank you guys for all the support, you know who you are! Cheers May God Bless
FX:XAUUSDLong
by MikulovicFOREX
H4 AUDUSD Short Term Shorting OpportunityLong term analysis for AUDUSD is Uptrend in general. However there are always opportunities to go LONG and SHORT based on different time frame considerations. Found a nice Bearish Bat on H4 on this pair and it is completing soon at Point D (0.68690). Different approach to this trade (Stop loss as required): 1) Short at Point D but note that there are basing action prior to D completion. Aim for TP1 full exit or partial exit and set SL to breakeven to protect the position. Full exit at TP2. 2) Let the pattern complete at D, look for bearish candle and sell the pull back. 3) Do nothing and let the price play out since this Bat formation may fail which create a buy opportunity (a strategy that I had personally tested out numerous times) Ultimately I am looking to buy at the area if Price gets there... so shorting it down is just an alternative for traders who are looking for more trade opportunities. Do like and share this post. I use a combination of trading strategies such as Supply & Demand ( SND ), Harmonics Patterns, Multiple Time Frame Analysis , Candlestick Analysis to name a few. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.
Short
by TradeWithWayneYia
SPX Bearish BAT near 0.786 Fib Retrace: Rollover Imminent?Pretty compelling graphic; the 1.621 BD resonance strongly suggests imminent rollover. This pattern has been long in developing and bulls are reluctant to give up gains. I expected retest of TL at 3010; got to 3003 on Tuesday and fell back to the 0.786 Fib line. Still can have a washout top to test that TL, might get bullish Friday. This feels like an extended, exaggerated B wave in an ABC, although it has dragged on for so long it seemed as if it would just keep grinding along in a flat. See my related post on DJIA. That one already overshot the 1.618 harmonic, relatively greater strength in Dow Index carried it above the resonance projection. Sudden enthusiasm over ERs or global good news could easily break this pattern and send prices to test the ATH. This harmonic pattern does favor R/R for shorting. I've been fooled twice by this whipsaw and stoplossed both last week and again yesterday but pattern does appear to be nearing completion. This is not investment advice; just another crackpot idea; trade at your own risk; GLTA!
TVC:SPXShort
by DaddySawbucks
5
Trade Ideas Educator: AUDUSD BatOn the daily chart, the market has my favourite setup, a descending triangle, however, the sad news is that the RSI wasn't overbought which is important to me for that strategy of mine. Hence, I will be waiting on the 4-hourly chart for a selling opportunity on a bearish bat completion. Given that it will then have an extreme break of the trendline of the descending triangle, however, if the market touch D price tomorrow and close back down within the red trendline, base on the daily chart the descending triangle will still be valid. Of course, such movement is unlikely but is a good observation for tomorrow's market movement.
Short
by RaynLim
1