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Bearish Bat

GBPNZD H1 Bearish BatH1 Bearish Bat Harmonics Pattern The pattern will complete at point D however I am entering trade on a deeper price represented by the black dotted line. Reason for this is because this is GBPNZD - GBP cross pair and tend to be more volatile and higher broker spread. I saw bigger Bullish Harmonics Patterns on H4 and Daily on the Higher timeframe and gave me added reason to short this pair at this level. Entry: 1.8965 SL: 1.9032 (-67pips) TP1: 1.8846 (+119pips) TP2: 1.8780 (+185pips) Do like and share this post. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.
Short
by TradeWithWayneYia
USD/CHF 1H Bear Bat @ 0.99845Following breakout of bear channel, bulls has pushed price higher towards major structure level and consolidated right below it. Currently pair is potentially forming a Bearish Bat pattern completing right at the major structure resistance. If price continues higher towards Bat completion point at 0.99845, then I will be looking for sell signal around this level, RSI should be overbought and diverging as price gets to these levels in order to confirm sell signal. ATR Based stops above the Bats starting point (X).
Short
by TheDailyTrader_FX
GOLD Daily Bearish BatHappy New Year 2019 Trading View Community! My first post for this year and like to share this great setup I found on Gold. Gold had a good bull run since Nov 2018 and finally reached an area where I am interested to look for selling opportunity. On the Weekly time frame, we can see price action doing a consolidation between about 1050-1400 which tells me that price is near the top of the consolidation range and may have reached an exhaustion point and ready to turn. Lower to Daily time frame where i execute my trade plan, I found more supporting reasons to sell: 1) a clean Harmonics Bearish Bat setup that completes at about 1307 2) price is within my sell area marked by the grey area 3) at resistance level 4) strong confluences with previous highs and lows price points 5) RSI at or near oversold levels Here is my trade plan: Entry: 1307 Stop Loss: 1343.40 (-36.60) TP1: 1254 (+47) (to bounce off previous Bat Pattern) Extended TP: 1219.50, 1186.80 Once price exits and close below my sell area, I will shift stop loss to entry to reduce my exposure. Do like and share this post. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly. To all traders, may all your trades be green :)
FX_IDC:XAUUSDShort
by TradeWithWayneYia
GBPAUD H4 Bearish BatFound this short opportunity in the middle of the Daily Trend Channel, not looking to set target all the way to the trend lines. Healthy Risk-Reward of about 2.5x for target level, going for a single target trade. For Set & Forget traders, Entry: 1.8243 SL: 1.8336 (-93pips) TP: 1.8013 (+230pips) For conservative traders, look for confirmation candles before engaging the trade. Do like and share this post. Follow me if my trading style suits you as I will be updating on a more regular basis.
Short
by TradeWithWayneYia