Trade Ideas Position: EURJPY H1 EclipseWhen pattern overlap pattern overlap pattern and they are all valid, I call it the Eclipsed.
Yeah!
We have 5-0, the infamous Double Top with Div and Bear Bat all still valid. What will you do?
Bearish Bat
Trade Ideas Position: EURUSD H1 Bear BatLooking to short Alt Bat, and the setup is below the reisistance.
USDJPY SHORT - SYMMETRICAL TRIANGLE AND BEARISH BAT PATTERNHello guys,
As you see in my chart above there is a symmetrical triangle and bearish bat pattern on USD/JPY. I'm not used to harmonic patterns and not so sure about the bearish bat; but, its obivious that there is a symmetrical triangle happening. I would like to hear your opinions.
SL - is at breakout on top of the pattern
TP - 102
Bearish BatSell US Index as we notice a bearish bat pattern targeting the lower limit of the ascending channel.
Out of bullish energy- EURAUDAfter a bullish correction, pair has been on a weekly consolidation to see if the price could go further. After that, price broke down and now MA200 and MA50 has been broken. We can expect a bearish scenario for the pair on the upcoming weeks.
Dollar Index - Bearish Bat at weekly resistanceBearish bat has formed and has quickly rejected the PRZ which is a good sign the pattern is valid.
MACD histogram divergence and huge weekly resistance is still in play. It could possibly be broken given its been tested so much
This is the first time using harmonics on the dollar index so I am not taking a large position. Most likely this is a necessary retracement of the dollar before we can make one final leg to finish 2018 as we begin to see signs we are at the end of the current business cycle
Counter Trend Bear Bat on U-Cad As shown on the chart this is almost a perfect Bear Bat as described in Scott Carney's book. what is preventing this from being a perfect Bat is that the "C" point retraced more than 50%. Due to this being a counter trend trade I am aiming for less than half TP. the stop loss is a few pips below the "X" point. this is in part that if Price Action exceeds the Starting point the pattern breaks down and is invalid.
it is also worth noting that in Scott Carney's book he ascribes the Bat pattern as one of the more precise patterns because of the powerful .886 retracement. there would be a PRZ, but the 2.0 "BC" projection and the .886 "XA" retrace lined up nearly perfect!
once price gets close to the .886 it should become a bit more volatile!
SWMP Day1: AUDUSD H1 Bear BatPerfect Bear Bat hit Target2, all line seated so near is almost on top one another.
Trade Ideas Position: USDCAD W1 Bear BatSpotted this Bear Bat formation, pretty happy with it as it hit Weekly Resistance Area on D completion.
AGI - H1 - Bearish BAT parternAGI - H1 - BAT model
The bat model is also forming with AGI
EP: 980
TP: 1217
EP *: 1024
TP *: 1596
Garley models need to place SLs just below the EP zones
Wish you successful trading!
BTC 1h TF - Bearish Bat formingDear all,
Another harmonic pattern on BTC 1 hour, a bearish bat
I'm entering the trade with TP 7356 and 7272.
All the Best from the Crypto Space
Alteroc
USD/SGD bearish bat on daily timeframeWe have a bearish bat pattern on the daily time frame and a nice double top, better visible on the H4 chart to add some more confluence to the trade. We also have nice rejections from the S/R area @ 1.37453.The two targets are represented by the green lines and the SL is shown as the red line.
Trade safe :)
Bitcoin shortSince price action recent pump we have a bearish BAT Pattern formed lets see how this plays out
BTC - Bearish Bat Pattern on Daily Dear friends,
Sorry for those only longing, good lucks for shorters.
One more bearish sign on BTC 0.28%, A bearish Bat Pattern has developped:
TP 1 --> $7,020
TP 2 --> $6,666
All the Best from the Crypto Space
Alteroc
Not a Financial advise, be a better trader tomorrow than you are today by DYOR
If you liked the idea press the like button :)
BTCUSD - Prediction w/ bearish batBTCUSD has made a clean break of the inverse head and shoulders to make a higher high somewhere following a lower low which has triggered a huge bias change amongst online traders I follow on reddit/twitter. Though I dont think this means we will break above 10k any time soon, there is reason to believe we are finishing the bear market.
The RSI has not been above the orange resistance we are facing currently in 2018. The OBV has not broken above the downtrend line that was broken a few days ago since 19k was reached.
The ichimoku cloud is about to turn bullish and we have already had a bullish Tenkan/Kijun cross.
Given that I think this is a reversal in the making I won't be looking for long term shorts.
I was stopped out of a long on the right shoulder forming... that one hurt my feelings.
Now looking for longs in the green boxes. I think a retest of the neckline is very unlikely.
Trade Ideas Positions: AUDUSD H1 Bear BatSpotted a Bear Bat formation on this, already shoutout to my inner circle, if interested to find out more and be a part of it, just PM me!
BAT correctionHey guys,
This analysis will be about one of my favourite Long-term investment opportunity : The BAT Token
As we can see,a well-respected triangle formation has been formed since December 2017.
The overall trend is bullish,but at this moment,BAT is a little overbought.
I am expecting to see a correction in the near future.
How to trade: I believe that it is best to stay out of this token for the time being.If it drops back to 3.2k sats( as i sincerly expect),that would be the time to place a buy order,with a ''safety net'' at 2.8 k sats,in case things go south.
Either way,keep an eye on BAT,as rumours have it,that Youtube will choose to implement this as a donation method,just as Twitch did in March 2018.
None of this is trading advice,as it only represents my opinion on how things will evolve.
If this has been helpful to you in any way,please feel free to drop some change in my piggy bank, or just leave me a review in the comment section.(It would mean the world for me ;) )
BTC: 1FT5eALCLpTKtQDiwQrEvuq51ScXJQqDEZ
ETH: 0x3d2966f2cd842dd4c63cb42991d234b8f07e78b5
For any questions,leave a comment down below and i will answer as soon as i get to see it.
Cheers!
AUDNZD - Short - Bearish BatBearish Bat setup with extremely tight PRZ. Looking for last week's close to act as tough resistance
OBV in important resistance zone and RSI bouncing on resistance nicely.
Both RSI and OBV bearish divergence on the 1D and bearish OBV divergence on the 1W.
I often trade this pair based on whether AUD or NZD is stronger against the dollar and the Kiwi has opened the week with more strength.
looking for shorts between 1.097-1.098. Already entered at 1.0965.
SL above X (1.09925)
1.09 and below is my current target
Trade Ideas Positions: AUDUSD M15 Bear BatTurning Bearish for this trade at least for the bat pattern targets.
