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
Bearish Bat
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 = )
-------------------------------------------------------------------
Donate BTC: 3PQUwEFCZbkueTKgtpNyFU7k1YLNdqtzd9
-------------------------------------------------------------------
Trade Ideas Position: GBPUSD BatBearish Bat spotted as it is a trend continuation trade, I will be taking some extended targets.
Having the knowledge of Harmonic Patterns and Structure, gave us an edge in our trading results.
Last month alone, we produced a total of 2,333pips of net profits to our subscribers.
If you do not want to miss any more trade ideas, just subscribe to us by clicking the link below:
forex100academy.com
USDJPY-Weekly Market Analysis-Dec18,Wk1USDJPY is on its Bullish Run, having a sideway consolidation with a Bearish Bat formation, gives a hint on a counter-trend opportunity, that we had engaged.
We are taking conservative targets and if you don't want to miss such trade ideas ever again, just subscribe to us.
Overall movement for USDJPY it is still on its bullish run.
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
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.
AUDUSD ShortHere is what I think will happen to AUDUSD.
Hoping price will keep a bearish momentum and break the bearish flag pattern to get to atleast the TP shown
Could be a bigger drop. You can see a bearish bat pattern on D chart (Will publish that aswell)
Need to wait for current candelstick to close below the resistance so we get a double top.
$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
-------------------------------------------------------------------------