Trade Ideas Position: AUDUSD BatA 4-hourly chart shows a potential bear bat setup, at 12.30pm(+8GMT) there will be an Australia Bank Interest and I do see a potential of rates cut.
Coincidence?
I, already have my trade plan, have you?
Bearish Bat
USDGBP - bearish BAT patternGo short, place stoploss above point D and target zones are in the chart.
Trade Ideas Position: EURJPY BatBearish Bat within sell zone, for this trade I'm going to just place my pending order in to engage the trade. It is considered as a trend trading opportunity.
Trade Ideas Position: GBPJPY BatThis bullish candle might have spoil it all, having the market approach point D with such bullish candle, I'm not comfortable to set sell limit on this trade, a futher confirmation is required.
Trade Ideas Position: NZDUSD BatBearish Bat setup within sell zone. It's a trend trading opportunity for this setup and RSI has hit overbought.
Quite a lot of my portfolio has triggered or potential setup, does such bothers you and affect your trade plan? Not for me.
Your Game, Your Rules
Bearish Bat and Short Opportunity for NZDCADToo many reasons to sell NZDCAD.
Break retest strategy and all other reasons can be seen on the chart.
There is also a negative divergence on 1d RSI.
Good luck all.
Trade Ideas Educator: Bat DivergenceThis 2 trade got caught by the market. AUDUSD got back to the entry price, but still within the sell zone and with RSI Div. I will still hold onto this trade till it either hit targets or my stop.
NZDUSD, on the other hand is much more tricky. No doubt that is an RSI Divergence as well but the candle break and close above the sell zone forming new high. I will also stick to my plans but what're your thoughts.
Love to hear from you what will you do if you had already engaged a short trade on Point D completion.
Trade Ideas Educator: GBPJPY BatBearish Bat VS Bullish Shark with such setup 1 cannot live in the presence of another as the other pattern will be invalid once 1 has formed up.
A likelihood and more comfortable setup will hence be the bearish bat setup as it is within the sell zone.
What is your trade plan?
Trade Ideas Position: EURJPY BatTypically not the best setup, conservative traders may want to wait for candle confirmation before engaging the trade.
However, this trade is set up at the tip of the sell zone and event the 1st target produced a 2:1 Reward: Risk.
The choice is in your hand, your plan, you decide.
Trade Ideas Position: GBPUSD BatBearish Bat setup within the sell zone, however RSI not overbought. You may want to wait for further confirmation.
Is RVN forming a Bat Pattern?Hi,
In the next days I am expecting RVNBTC to continue its move towards the final wing of its wonderful Bat formation.
If that is the case there will be a half-way target which is at around 810ish, the high of the last wave to the upside.
It is worth to mention that the final target of the Bat at 161% of the first wave up, is at the same time the Dynamic Meridian line of the Instrument.
Option: Sell at Target I and II. Optional: take profit at the middle line which is also a major resistance zone.
Trust yourself and be happy
Heish
EURUSD Bearish Gartley PatternEURUSD Bearish gartley 4h pattern spotted on weekly downtrend confluence and multiple key levels
bat pattern has been completedinh4 nzdusd has completed a bat and now we are in prz, in h1 chart we also see a double top with a stop hunt (so price had pushed a bit higher on second high and it is a market manipualation because "strong hands" had began to short...in h1 we see also a momentum divergence a clear bear signal....price need to test the support at 0.6560 and the 100 sma as you can see in the chart, so my advice:
sell with tp at 0.6560
and then at 0.6560 open a buy for long term because nzd will appreciate against other currencies in next 3/6 months.
send me a message if you want trade with me and fund a n hedge funds
bye bye
Trade Ideas Position: NZDUSD BatA bearish bat emerges out of this bull run, will you set a pending order or wait for further confirmation?
Trade Ideas Position: XAUUSD BatShorting opportunity on Gold, at this moment the bullish candle is strong, I will watch closely on the development of this trade and will look for short.
Trade Ideas Position: USDSGD BatRemember this? We have shared this last Friday. After much consideration, I do see this is tradable setup, not the usual pair I will trade but with information gather, I have already placed the pending order.
The only thing is to wait for the market to retest the suppose entry price.
USDCHF Daily Harmonic But Analysis and StrategyWe are predicting the bearish Bat Pattern to complete as shown on the daily chart. Price action is showing a downward trend giving the pattern confirmation. We still have an open short position which we will close at the completion of the predicted pattern. FX:USDCHF
GBPUSD H1 Chart Overview: Potential BAt PatternI will publish the forecast and detailed GBP/CRUDE/DXY report tomorrow.
Technical Overview of Cable on smaller charts:
1.27200 key resistance.
Potential Breakout and Bat as described.
Bearish Continuation at the flag breakout.
Keep you updated.
USDJPY-Weekly Market Analysis-May19,Wk5On the daily chart(right) an emerge bullish bat pattern is on the way and on the 4-hourly chart(left) the bearish bat pattern is emerging.
So what should you be doing?
That's when 2 important things come in place.
1) Filters and trade plan: this removes emotion and uncertainty in trading.
2) Overall market fundamental analysis, in this case, US Economy vs Japan Economy:
US
Any news along with interest rate cut, trade war, etc...
Japan
Any exchange rates intervention?
Have a good think through on this.
EURNZD Harmonic BAT Analysis and StrategyWe are predicting the bearish Bat Pattern to complete as shown on the 1 hr chart. Price action is showing a downward trend giving the pattern confirmation. Our strategy is to trade the 4th leg of the pattern and we will post updated with targets.
Trade Ideas Position: USDSGD BatDisclaimer ya, I seldom trade this pair only observe when will be a better time to change money from USD to SGD or SGD to USD.
Is a good time to change USD to SGD but for people who are going to change SGD to USD you might want to hold off for 1-2weeks to see how this develop, if you are not urgent for the exchange.
EURNZD 30 min Harmonic BAT Analysis and StrategyThis pair is currently trading at a major resistance zone and we are predicting the harmonic Bat Pattern will be completed. This is a bearish signal and our strategy is to trade the 4th leg of the pattern. Price action has already broken below the yellow trend line giving our strategy confirmation. FX:EURNZD
