Bearish Bat
USD/CHF BEARISH BAT (4H)The price is approaching the D point of a bearish Bat that is forming on the 4-hour chart. We are going to wait for the price to go through the Sell Area and, for extra security, we will go short the moment a 4Hour candle closes below the area.
The Stop Loss and Take Profits are placed near the points indicated on the chart. I suggest to take 50-60% of profits in TP1, to later move the Stop Loss to Breakeven and take the rest of profits in TP2. I will update it because depending on the movement of the price, TPs will have to be readjusted.
The RSI is already showing signs of oversold, and in lower time frames has already formed bearish divergences.
If you have any questions, do not be afraid to comment. See you!
XAU/USD - Bearish BatTraders, today we have XAU/USD on the daily chart with a valid bearish bat pattern.
The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
XA Retracement: 0.886
Price has yet to confirm the PRZ which consists of a 1.618 AB=CD, 2.618/3.14 BC and 0.886 XA retracement.
Once the final 0.886 measurement has been confirmed we need to analyse price action in this zone to determine the extent of the reversal.
Have a good week everyone!
$gvt - damn, numbers dont lie. get your longs ready visionaries!if this battern plays out then we are so close to our next tasty long!
learn how this pattern works here - myforexmagicwave.com
SONDA S.A.Chilean Stocks.
Pure Technical Projection.
In absolut downtrend seems to be painting a falling wedge that could last 2 or 3 more years to complete.
Anyway, as usual, there're opportunities to trade.
In this case, if 960 can support price above the cloud, a quick chance to the 1005-1025 is possible, and if price can breakthrough that range, price could rise to 1060-1070 and 1160 in a finall rally for the end of year .
On the other hand, if the range 1005-1025 act as strong resistance, price could fall and will be possible to see a retest of the 915 support .
Trade Ideas Position: EURUSD BatTrend Trading opportunity for EURUSD. Is either Bearish Bat or Bearish Deep Gartley depends on your data.
With Double Top RSI Divergence for this trade.
Trade Engaged and exact stops and targets shared to my subscribers.
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Don't miss it.
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Bearish BAT Pattern on EURUSD 1HrI’ve got a completed Bearish BAT on EURUSD 1hr which has just tested the whole of the PRZ; which is comprised of D completion, AB=CD and a 1.618 BC projection.
It is also at a level of previous resistance so may be a good area for a short.
Entry: 1.14757
TP 1: 1.14122
TP 2: 1.13725
S/L: 1.15132
USDCAD Weekly Bearish BatLarge timeframe traders dont miss this! Clean Bearish Bat Harmonics Pattern with good Risk-Reward Ratio (RRR).
Saw how the completion area of the Bat Pattern coincide with previous price points (circled in red) which gives this trade setup added probability boost. These are some of the things that I look out for when looking for trade.
Patience is the key for trading, especially when trading on the Daily and Weekly charts, be ready to hold on to the trades for weeks and months!
Do like and share this post. Follow me if my trading style suits you as I will be updating on a more regular basis.
We are a community committed to empower individuals to trade profitably and independently in the Forex Market. This is our latest Trade Ideas results for October. Subscribe to us and receive updates on more upcoming trades.
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BEARISH BAT pattern forming on EUPrice has just given a shift bar off C and I expect it to rally towards the confluence of a D1 38.2 fib retracement and a 78.6 fib retracement of leg XA, to form point D. D1 is range bound, given that there is trapped volume to the left in a horizontal fashion at point X we will unlikely see price reach that order block. A strong sell at D is consistent with all these confluences.
UsdCad, Bat Pattern, Big profit chance at daily chart? SHORT?Like i said it's daily chart. Looking we are at the D point of Bearish Bat
Christmas + end of the year + daily chart, will be long way for reaching targets.
There are too much pips between entry point and tp and sl.
Risky but if it works; will be great profit.
Thats not an investment advice.
Do your own research before invest.
-DYOR
-YTD
Good Luck and Merry Christmas :)
-YusufDeli
Trade Ideas Position: EURJPY BatBearish Bat setup on the tip of a higher timeframe sideway bounce.
Looking for shorting opportunity at Point D completion.
Exact Stops and Targets will be share with my subscribers.
In just the month of Oct, we shared a total of 2,333pips of net profit.
In order not to miss another great trading ideas again, just subscribe to us at the link below:
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Trade Ideas Position: USDJPY BatAnother counter-trend trade setup on this, if you have not seen EURUSD, you should.
Exact Entry, Stops and Targets shared to my subscriber. Last month we did a total of 2,333pips of net profits shared to our subscriber.
Check this out and not miss another great trading opportunity, just subscribe to us.
forex100academy.com
SNATCH SOME PROFITS THEN FOLLOW THE BAT AUDUSD
AU (m15)- snatch some profits first for trend continuation pattern with the confluence of BRN 0.7200. Then, short at the D-leg once we have bearish candlesticks confirmation.
Target Entry:
Buy @ 0.7200
SL @ 0.7180
TP @ 0.7260
Sell after Bearish CRS confirmation @ 0.7260
SL @ 0.7285
TP @ 0.7215
TAYOR
BITCOIN - THE BAT SIGNAL - Short Squeeze - its may just a dream
From a TA point of view this could happen and my triggers FOMO before "D" will show that it's just a bigger version of that kind of pattern which we've seen now for some time.
From a real world point of view it wont happen esp. on that time horizon.
Lets give that idea 10% - 20% chance to fulfill.
To underline the idea:
- Downtrendline
- Nearly perfect numbers on the "Bearish Harmonic Bat"
- Fibonacci Retracement - "swing low to swing high"
- The idea of Tyler Jenks (Hyperwave) that the BTC price never went 2 weeks in a row outside of the bands (it still is)
- The optional power of a december pump
- ATH in short positions
- A big portion of humour = )
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