Bullish Bat
GBPUSD-Weekly Market Analysis-Jul20,Wk3Point C has touched Point A, so when that happens it is a retest of resistance and to some traders, it may be seen as a double-top setup, personally for me it is not a double-top setup. However, when the market hit point D, I will still be open to the idea to engage for a long trade, only when there is a reversal like 3-bar reversal at Point D.
$SNGLS #SNGLSBTC #SNGLS BULLISH #CYPHER MY DREAM IS THE FLYThere is very nice harmonic bullish Cypher
You can see Tp datas on drawing
GBPUSD-Weekly Market Analysis-Jul20,Wk2Waiting for a retracement back to 1.2523 as long as it doesn't break and close above the recent high, it will be a good consideration for a shorting opportunity.
If the market head back down to Point D, with an RSI Divergence I will head into the Type2 Bullish Bat Pattern trading opportunity.
WORK BUY opp i have been following this since the gap, last week GS downgrade $work to $30 , i believe it was strange downgrade for the stock like intentionally they want the price to be around the $30ish to kill all options traders, it's great company and it's work from home stock!
technically speaking the stock set on very strong support the yellow trend line since April, in the other hand $32 area very tough, if the stock break $32 smoothly then it will fly to close the gap, if the stock breakdown $29.50 then the stock will go down to $25..
GBPUSD-Weekly Market Analysis-Jul20,Wk1A bullish bat pattern came closer than last week, I will be waiting for candlestick pattern confirmation before engage the trade as a counter-trend trading setup. Take note that there is 2 support level that is close and lower than X, being aggressive on this trade is not advisable.
#YOYO $YOYO #YOYOBTC DEEP CRAB & SYMMETRIC TRIANGLE BULL RUN Bullrun is coming soon,
Lets see the price after price break up the Symmetrical triangle
Then after we will see Deep Crab will move to the price up
GBPUSD-Weekly Market Analysis-Jun20,Wk4Waiting for a counter-trend trading opportunity on this bullish bat set-up. A candle confirmation is required before I will head in for trade. The strong bearish movement shouldn't be treated lightly.
There is a lot of trading development opportunity on this pair.
Haemonetics Corporation HAE reversal zone & Bullish Bat Been checking out the charts on HAE and looks like we could be in a potential reversal area. From our low in March to our top in April we've reversed to the golden pocket between 61.8% and 78.2%. Now for the Bullish Bat just using the candle bodies to me seems the best because leg B hit the 50% Fib line pretty perfect and thats what you want. As you can see theres still room to dip lower on leg D to hit the 88.6% Fib. But if bullish enough we could start to reverse here. Can see a little bullish divergence on 4hr RSI and MACD
Theres also bullish divergence on the 1hr RSI and MACD.
Now with that said here we have the potential Bullish Bat using the wicks and can see theres still a little ways to go until we get close to the 88.6% Fib line.
Me personally prefer the chart without using the wicks because
1. We hit the 50% Fib perfect
2. Looking back stronger support areas are between $80 & $83
So I believe safest entry targets to be between $79.40 & $83 and stop loss below $74. One could argue now is a good point of entry I'm thinking of entering after waiting to see what the market does in the first couple of hours all depends on your risk tolerance.
1st Target: $95
2nd Target: $100
3rd Target: $105
Thinking of buying the $90 call option exp. 9/18
Good luck and happy trading
#YOYO $YOYO #YOYOBTC HARMONIC DEEP CRAB PATTERNDear Friends,
Yoyo shows that will rise soon and it did not gep up yet so why it does not fly soon?
Also has nice triangle after breakout and harmonic deep Crab Pattern.
We will see what will happen :)
The Bull still have more stamina to fight the BearSo, hello guys and here we are again.
This is for the Forex community, i made this harmonic pattern with success and we can say that the market might go up with a strong probability
So stay tunned and when we will have the volume confirmation plus the breakout of the 200MA and the VWAP then the market will surely go up
Thanks for watching
PLAN Potential BatPLAN setting up very nicely for a bat pattern. Breaking over (B) now where I added more Nov calls from (C) entry. I entered long on the C due to a nice retrace level + a reversal pattern (doji) there on the C. Looking to take 1/2 off into (D) where I expect a possible .382 retrace to trendline, or a retrace to previous market structure at the .50 where I will add the 1/2 size back, and a trend continuation to 2.618 extension. I want to see nice reversal patterns on these levels due to having plenty of time on the calls.