Bullish Bat
EURUSD - Bullish Bat PatternA Bullish Bat Pattern is spotted on the EURUSD, this is a sideway market movement. At this moment, I'm waiting for a retest at 1.1164 for a buying opportunity.
If you are interested in this trade, you have to be aware that this trade could take from 3days to 2weeks to complete, there is a weekend risk influenced by the War between Russia and Ukraine(although it still has not shown up in the FX Market)
To avoid weekend risk, you can decide to engage the trade after Market Open on Monday(GMT+8)
CADJPY - Bullish ButterflyWOW! CADJPY is our trade of the month. First, we engaged the trade on a Bullish Crab Pattern and before the Crab Pattern has even moved towards the direction that I was trading. I'd also spotted the Head and Shoulder opportunity to buy.
With Trade management, that trade easily brought us 280pips(approx. 2,800USD/lot traded) of pure profit
If you trade Type2 Pattern, on the 4hourly chart, we have a Bat Pattern to complete at 90.12.
Well, if you are like me, when there's an immediate pattern and you prefer Type1 Pattern over Type2 Pattern, the Bullish Butterfly Pattern completed at 89.63 on the 1hourly Pattern.
BTCUSD Bullish Smart TrendBTCUSD has just created a level of bullish support and now the market is waiting to trap out the bearish momentum. Overall the trade pattern for today has been choppy due to a level of resistance in play. The market makers CANNOT AND WILL NOT PAY TO BEAT OUT the bullish trend as the buyers has spoken below. Let them continue to play around with the emotional aspect so they can get this show back on the road.
This is NOT financial advice and please by all means always invest wisely.
GBPAUD - Bullish Deep Gartley Some traders may read this as a type 2 Bullish Bat Pattern but are certainly not for me. If you are having that conclusion by reading the candlestick pattern, you aren't wrong, but once again not for me.
I would prefer to engage the trade based on the latest Harmonic Patterns formed in the chart, which is the Bullish Deep Gartley Pattern. The Deep Gartley Pattern form near the Buy Zone within the 4-hourly chart.
Have a closer look at this on Monday if not latest by Wednesday, it should form up if it is meant to.
USDJPY-Weekly Market Analysis-Jan22,Wk4A Type 2 Bullish Shark Pattern has formed in the USDJPY 4hourly chart. A type2 Harmonic Patterns mean that the market has fulfilled at least Target1 of the entire setup. At times we can have a weaker(slower) move towards the upside.
On the 1-hourly chart, you could plot a trendline and set an alert to wait for a break and close above the trendline as an additional filter for your long entry.
NZDJPY - Bullish BatA Bullish Bat Pattern is going to form and emerge at 76.31 as a counter-trend trade, but do you know that it is also a pull back from the daily chart after the market has double bottom?
Between this and the EURJPY ABCD setup, I would prefer the NZDJPY trading setup.
Which do you prefer?
Comment down below.
GBPUSD-Weekly Market Analysis-Jan22,Wk3Do you remember that last week, I've shared with you the Gartley Pattern on GBPUSD is not going to bring us profit?
That's possible if you understand how to read the candle movement and be familiar with Harmonic Patterns and its hidden move.
We have a potential Bullish Bat the forms within the Buy Zone of the GBPUSD.
I'll be waiting for the candle confirmation to execute the trade.
Check out last week analysis within the related ideas in TradingView.
Weekly Bullish Engulfing and Bullish Divergence at 88.6% RetraceWe have somewhat of a Bullish Gartley here with kind of a Bearish 3 Line Strike but more of just a Bullish Engulfing on the Weekly at the PCZ of a Harmonic that's kind of a mix of a Bat and a Gartley. Lets just say it's a Bat for simplicity as it lines up with the ABCD move.
POLKADOT BULLISH BATAfter breaking out and nearly reaching our first target of 33 dollars, Dot has experienced a heavy retracement that has brought it back almost to the low of the initial pullback. However it has reacted at the PCZ of the bullish bat and shown bullish divergence on the 4h RSI, with the market looking weak it is a risky trade to take however I believe that a bounce is soon to come and so have entered myself. Again I don't use stop losses or tps as I watch the charts on a daily but if someone was to size up their position they could do so like this.
ENTRY 24.91, with 20x leverage
ARKK Entering Bearish BAMM (50% Potential Downside) ARKK has broken through he B point of this potential Bullish Bat and has tested it as Resistance we look to be ready to complete the CD wave to the downside and reach an 88.6% Retracement.
I suggest some Near or ITM PUTs expiring around several weeks from now.
WAVESUSDT Bullish BatWAVES is forming a bullish BAT pattern, with huge bullish divergence on both Daily and weekly timeframe. Entry and Target are specified.