Bullish Bat
4H Bat Pattern @ Support [Ranging] - Potential Bullish Bat harmonic pattern to complete at support
- Support defined by a price action range that began in early August
- Past Support established on 8/5, then held on 8/6 and 8/18.
- 4H Candles
- Long opportunity: reward to risk of roughly 1.14 to 1.0
(including spread on entry, take profit, and stop loss).
- Potential Reversal Zone (PRZ):
- PRZ < 12%*
- 1.618 AB=CD
- 1.41 BC Ext.
- 0.886 XA Ret.
- Potential for Oversold on RSI
- Potential Bearish Bat on opposite side of range:
- If Subject Bullish Bat completes and take profits are hit,I'll be
looking to enter a short pos'n at the completion of the
Bearish Bat if price can reach the top of the range.
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IF YOU TRADE HARMONICS, READ THE ORIGINAL BOOK BY CARNEY. ALMOST ALL INTERNET EXPLANATIONS ARE INCOMPLETE
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BRIS INDONESIA BANKING SECTOR BULLISH BAT (THE HARMONIC PATTERN)EN :
THE HARMONIC PATTERN BULLISH BAT SHOWS HIS BULLISHNESS, After making a harmonic pattern of the "BAT" pattern, BRIS start to continue his pattern to around
955 and the bullish bat already confirmed and after several day of making a short sideways or usually we call it a base around EMA 90 and today (05Oct) shows us the closing candle with full body MAROBOZU Candle already break the base
ID :
HARMONIC PATTERN BULLISH BAT telah memperlihatkan bullishnya setelah membuat pattern harmonis dari BAT pattern ini, BRIS meneruskan pattern bullishbatnya ke angka 955 dan bullish bat ini telah terkonfirmasi dan setelah beberapa hari membuat sideways kecil atau biasa disebut base di area EMA 90 hari ini 05Okt menunjukan penutupan candle hari ini dengan MAROBOZU Candle yang telah menembus base
#GOBTC #GOCHAIN #GO TIME TO $GO LONG TIME :)))It will move up strongly once it finish the accumulation and we will run behind of the $GO
FKLI TRADING : 173) bearish cypher patternthis is trade 173 frm haidojo trading...
obviously, now is sideway market...sideway/consolidation breeds advanced patterns...
now we have a possible bearish cypher pattern...entry ranging frm 1528-1534, SL a few points abv it, tp at 1517...no extended target...
if you have never heard of advanced pattern / cypher pattern before, STAY AWAY frm this pattern...
we can again bracketing the market using advanced patterns...1528-1534 - ---short region...bearish cypher pattern
1477-1484-----long region...bullish bat pattern
higher-resistance : 1557-1560
resistance : 1528-1534(bearish cypher pattern)
immediate resistance : 1517
lower support : 1477-1484 (bullish bat pattern)
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
FKLI TRADING : 170) bullish bat patternthis is trade 170 frm haidojo trading...
obviously, now is sideway market...sideway/consolidation breeds advanced patterns...
now we have a possible bullish bat pattern...entry at 1484, SL 1474, tp at 1506...no extended target...
if you have never heard of advanced pattern/bat pattern before, juz ignore this pattern...
trade according to your plan, as the saying goes " plan your trade, trade your plan"...
higher-resistance : 1557
resistance : 1532-1545
immediate resistance : 1512-1520
lower support : 1477-1490
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
FCPO - Potential Bullish BatPrice of FCPO rose tremendously in the month of July 2020, the price swung from 2562 MYR & broke 2800 MYR with slightly extended to 2808 before retracing back into the upward channel (Green Parallel Line).
On the 12th August, a bullish harmonic Bat pattern formed in hourly TF & swung upward towards the projected TP without testing the stops level. From the last swing, the price might have a potential to form another bullish harmonic Bat pattern in M30 TF where the level of the potential reversal zone (PRZ) confluence with the hourly TF harmonic pattern. In shorts, there's an opportunity of 2nd retest of the hourly harmonic pattern & a new possibility for a harmonic pattern to develop in M30 TF.
Risk taker could open short position trading from the C to projected D leg before the harmonic pattern complete in M30 TF. To complete a valid harmonic bat pattern, the stop level shall be tested.
Stops : 2584 MYR
PRZ : 2597 - 2626 MYR (violet box)
TP1 : 2684 MYR (Projected)
TP2 : 2720 MYR (Projected)
#IOST #IOSTBTC #IOST HEAD AND SHOULDERS AB=CDAB=CD got the D point and price can down to tp1 and tp2