Bearish Bat
Trade Ideas Position: AUDUSD BatBearish Bat setup qualified as a counter-trend setup. The reward:risk isn't the best for this setup, will this be the trade you will still be taking?
Comment down below how you are going to engage this trade?
AUD/NZD Bearish BatPotentialy Bearish Bat Harminics Pattern.
I will wait to Short D.
Better Risk Reward Ratio.
Trade Ideas Analysis: EURJPY >A sideways consolidation gave an aggressive trading opportunity, as the trendline sits firmly I will wait for a buying opportunity to engage the trade and I'll decide at 1700hr(+8GMT)
LONG Trade Ideas Educator: NZDJPYA sideways consolidation slowly creeps in into this chart. Just as you are going to say that Both support and resistance of the leg that broken it is well supported or we resisted.
Trade Ideas Educator: EURJPY ConsolidationA sideways consolidation slowly creeps in into this chart. Just as you are going to say that Both support and resistance of the leg that broken it is well supported or well resisted, it does pose a potential aggressive long opportunity.
Should the market break upwards a bearish bat setup and should the market break downwards a bullish butterfly awaits.
Trade Ideas Educator: AUDCAD BatYou can see how nicely the 4-hourly chart(right) close within the sell zone although the 1-hourly chart(left) said otherwise.
On the 1-hourly chart, the bat pattern forms at 0.9192 for a shorting opportunity should the market extend further.
USDJPY-Weekly Market Analysis-Jul19,Wk3Given a choice, I will not gunner for a head and shoulders bottom, a bearish bat with a bullish shark at the same time.
It is what it is as all these 3 opportunities are valid. Let just look at the head and shoulders bottom setup, a great retracement that gives me the opportunity to engage the trade as a counter-trend setup.
Whether to stretch the target to the bearish bat shorting opportunity is another story but its possible. Not forgetting at this moment there is an RSI divergence. Does this setup give you a scare, I don't. 1) Trade what you see
2) Follow your trade plan
Trade Ideas Position: USOIL BatShorted this trade as a counter-trend trade but did an extension on the second target.
BTC/USD - Bearish Bat ScenarioBearish Bat Pattern Rules:
AB can retrace between 38.2 – 50% of XA
CD can retrace up to 88.6% of XA
CD can retrace up to 1.618 – 2.618% extension of AB
Potential Bearish BatPotential bearish bat forming. Extension levels are converging nicely for a tight range at 88.6 of XA. Price action observation at this level for a potential short.
Trade Ideas Educator: NZDJPYWell, this is 1 of the most interesting setup having the 4-hourly trend setup entirely different from the daily chart and 1-hourly chart.
So what is this about? Well, based on my experience, is more likely for the Top Chart(4-hourly chart) to trigger than the other. Hence, I'm waiting for a buying opportunity as a counter-trend trading move at 70.75
However, if the market did rise to 72.83 after the market gave the signal to engage a short, I will not hesitate to engage it.
Trade Ideas Educator : NZDUSDBottom Left shows that on the weekly chart, NZDUSD is having an emerging bearish bat pattern that I'm waiting for a shorting opportunity but of course that won't be ahead on the daily chart on the bottom left that too have a bearish bat setup.
On the 4-hourly chart will be the most immediate opportunity, however, the market has to retrace by Tuesday, 9 July 2019 to make it possible. The ideal sell zone is within the red box.
What're your thoughts on this? Comment down below.
USDCHF Short Selling IntradayUSDCHF 4hr Chart formed a bearish bat pattern
Short selling Intraday ( #1tg )
All details on the chart
Good Luck!!
bearish bat in USD/JPY 1Hits a good setup for bearish bat pattern and overbought stochastic in 1h chart. also in 4H chart 200 SMA is down trend. all things are good for a short position.
but be careful about today USD news. ( ISM Manufacturing PMI )
Trade Ideas Educator: EURJPYDaily Chart(Right) having a bearish bat as a trend trading setup and counter-trend bullish bat setup.
On the 4-hourly chart(left) a bearish shark setup zone within the double sell zone.
AUD/JPY Technical analysisThe AUD/JPY pair has formed a bearish bat formation.
It is currently facing resistance at 75.500.
Hence we expect the pair to move towards the support level of 74.779.
Trade Ideas Position: NZDJPY BatBearish Bat setup on a counter-trend situation, I will be taking the counter-trend trading approach. Have you spotted this and if this is something for you?
TRXBTC, ShortThere is a bearish bat pattern on the TRX/BTC when looking at the 4h TF. However looking at the RSI and MACD which look bullish, the long term trend could switch to an uptrend thus only a minor retrace could be expected.
Looking at the PRZ and the resistance, a buy-in around the 480 resistance looks good for a TP1 at 450 and a TP2 at 415.
Trade Ideas Position: AUDUSD BatFinally a trend continuation setup for this pair. I'm looking for a continuous shorting opportunity for this, let's see how this trade works out.
I have already engaged the Trade. What's your thoughts on this trade setup?
Plan your trade and trade your plan. Follow your trading rules.
GOLD Harmonic BAT Analysis and StrategyWe are currently trading the 4th leg of possible bat that is forming on the 1 hr chart for GOLD. We are predicting the Harmonic Bat Pattern will be completed and we are looking for price action to break below the yellow trend line confirming the prediction. OANDA:XAUUSD
Trade Ideas Educator: GBPJPY BatOn the daily chart, GBPJPY is on a bearish trend, a better entry opportunity as a trend trader lies on the 4-hourly chart(right) waiting for the bearish-bat to form up for a shorting opportunity.
For the counter-trend trader, the 1-hourly chart presents a long opportunity. Best of both world.
Trade Ideas Position: USDJPY BatBearish Bear setup for a trend trading, do note on head and shoulders possibility show up within a day.
This bearish bear setup shows that having to know all condition for a valid pattern, is important.
