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Bearish Bat

GBPUSD-Weekly Market Analysis-Nov18,Wk5UK Pound still on its bearish run, we have took extended target on this Bearish Bat Pattern and we are glad we did. Target 2 hit a total of 107pips profit. As for counter trend trader, do note on the black line that seems to be a strong support, if it is broken, it may extend lower. As for me, I would need additional confirmation before engage on this counter trend trade. To Receive the Weekly Market Analysis, Subscribe to our YouTube Channel & Click the BELL Notification to receive alert once we have posted a video that might interest you: www.youtube.com
Short
by RaynLim
EUR/CAD: Bearish BUTTERFLY and BAT PATTERNS on the go.The Bearish Butterfly Pattern is already completed, but the price seems to hold an uptrend (take a look at the MACD Indicator!) In case when the Butterfly does not create any effect, we can wait for the completion of the Bearish Bat Pattern. In this case, I'm inclined to do the second thing because my Strategy does not let me trade any Butterfly Pattern. By the way, the effects of these two pattern are supported by the Yellow Areas, which are Resistance Areas that coincide with the completion of the Patterns. Let's wait, this is an interesting situation of non-structured chart, which is the most profitable situation for Harmonic Patterns! Cheers, Edoardo Enrico.
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by gt103454678
$BAT? It's Done. GET THE F- OUT HERE!BAT has tremendous growth in bear market for coinbase listing expectations sentiment and i did get listed. As it reach the repeated peak price level, the price crumble. Looking forward to touch the fibonacci level @ 0.236 if the Bitcoin price and crypto market as a whole are still side way for few months ahead. But however even so, the party is over. Catch some other potential like XLM, ADA or ZEC for the next listing sentiment. ************************************************************************* If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot! ------------------------------------------------------------------------- www.tradingview.com Rules: #1 Always obey tradingview.com house rules #2 Always read the description #3 Don't spam on the comment section #4 If you wanted to request my opinions about a coin/token just give 10 likes on my published charts and I will do it the day or two after #5 My opinions are not financial advice, follow it at your own will and your own risk #6 Together, let's build a better community on this platform -------------------------------------------------------------------------
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by blockchaindedi
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