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Bullish Bat

Capitalizing on the Bearish Trend The entirety of the NZDUSD landscape is signalling a potential shorting opportunity. Technical Insights: The volatility trendline, once a counter-trend reference, has been breached and closed below. Now, we await a retest of this trendline as an entry point for a shorting opportunity. Extended Target: For those inclined, extending the target to the completion of the Bullish Bat Pattern on the Weekly Chart at 0.5626 could be a strategic move. Always employ your own risk management strategies and validate with your analysis. What's your perspective on NZDUSD? Share your thoughts below.
Short
by RaynLim
1
Bullish Trend Perspective Weekly analysis indicates a sustained bullish trend for EURUSD. Trading Strategy: Monitoring the 1-hourly chart for a potential Bullish Bat Pattern with an entry point at 1.0533. Cautionary Note: It's crucial to observe that point C touches point A in the formation of the Bat Pattern. This warrants caution and prevents me from placing a pending order to engage the trade. Remember to conduct your own due diligence and manage risks appropriately. Happy Trading!
Long
by RaynLim
Strong Bullish Trend for High Returns!The USDJPY is currently experiencing an upward trend. To capitalize on this trend, I plan to wait for a chance to buy at the Fib-3 Bat Pattern completion on the 1-hourly chart at 149.09. However, it's important to note that both the 4-hour and daily charts show a Bearish Harmonic Pattern that completes at a similar level of 150.41. As such, it would be best to wait for a candlestick pattern completion before considering a counter-trend trade.
Long
by RaynLim
2
📈🚀 Exciting NASDAQ Buying Opportunity! 🚀📈Fellow traders, listen up! We've got a promising setup on the 4-hour timeframe for NASDAQ that's worth your attention: 📌 Technical Analysis Highlights 📌 💰 Reversal Strategy: After securing nearly 1000 points with short positions, it's time for a strategic shift towards buying opportunities. 🦇 Bullish Bat Pattern: The price action has completed the D leg of a bullish bat pattern, signaling the potential for a bullish reversal. 📈 RSI Confirmation: The RSI is in highly oversold territory, providing a strong confirmation of the setup. 🕯️ Candlestick Insight: Notably, the price is already bouncing, setting the stage for a potential rise during the American session this afternoon. With these compelling technical signals, it's a prime time to consider a long position on NASDAQ. Keep a keen eye on the American session for potential market-moving developments. Aim for the 0.382 fibonacci as a TP1 and the 0.618 as the target Feel free to share your toughts in the comments section, follow me for updates and don't forget to press the like button if this insight was helpful 🌊🚀
OANDA:NAS100USDLong
by Thomas_Zito
23
A Great Trading OpportunityAs per my analysis, a Fib-3 Bat Pattern is about to complete at 1.8979 on the Daily Chart. To minimize the initial risk, I will wait for a buying opportunity on the H4 or H1 chart. This will significantly reduce the stop-loss to 1.8733 (-246pips) or close to -2,460usd/lot, while the first target will be at 1.9363 (+384pips) or close to 3,840usd/lot. I believe that a good trader follows a good mentor, but a great trader plans his own trade and takes reference from others' analysis. Therefore, I suggest that we proceed with caution and carefully evaluate the market conditions before investing. With a well-planned trade, we can maximize our gains and minimize our risks.
Long
by RaynLim
Opportunities Abound!The Dollar Canada pair offers a chance to capitalize on a bit of consolidation after an uptrend movement. Upon examining the daily chart, there appears to be a retest of the previous resistance, indicating a favorable buying opportunity for counter-trend traders. The 4-hour chart shows a retest of the support area, which could potentially lead to a harmonic pattern on the intraday time frame, such as the 15-minute or 1-hour chart. On the weekly chart, the Dollar Canada has a fib-3 bat pattern completing at 1.2579, hitting its resistance level. For support-resistance traders, there is a candlestick confirmation over here, which could indicate an aggressive selling opportunity. However, due to the lack of other trading ideas support, this may not be an attractive option. The daily chart shows a bearish shark pattern that has already been validated and engaged in movement, hitting the support level. Structure based traders may want to look for a buying opportunity around this zone at 1.3508. The 4-hour chart has a retest of support at 1.3495, which is a zoomed-in version compared to the daily chart. On the 1-hour chart, support-resistance traders can look for a shorting opportunity on the mini buy zone over here at 1.3529 the immediate level. The 15-minute chart provides multiple trading opportunities, including a bullish bat pattern completing at 1.3506, a bearish deep gartley pattern completing at 1.3547, and a bullish butterfly pattern at 1.3478. These opportunities can be identified by those who know how to spot them. As a suggestion, a Bullish Bat Pattern completing at 1.3506 has an initial stop-loss at 1.3492 (-14pips) and a first target at 1.3516, yielding approximately +100usd/lot for +10pips. Should the market extend upwards, a Bearish Deep Gartley Pattern is looking to complete at 1.3547, with an initial stop-loss at 1.3559 (-12pips) and a first target at 1.3530, yielding approximately +170usd/lot for +17pips. Please note that this is not a trading advice, and it is recommended that you do your own analysis before making any investment decisions.
by RaynLim
LTCUSD: Ascending Broadening Wedge with a Confirmed Partial RiseWe have confirmed the partial rise of the Ascending Broadening Wedge and have failed to break above the major support/resistance level. I now expect the price of LTC to go even lower than 40 and perhaps to around $25-$19 as that would be the HOP level of the Bullish Bat it is currently BAMMing from, but it is possible we get a reaction at around $35 as that would be the 88.6% Retrace, but the most confluence is at the $25-$19 area.
BITFINEX:LTCUSDShort
by RizeSenpai
US Dollar Still Bullish📊 Weekly Chart: Bearish bat pattern suggests shorting at 149.33. 📈 Daily Chart: Bullish movement, no shorting opportunity. 📉 Four Hour Chart: ABCD pattern at 147.76, potential shorting level. 🕐 One Hour Chart: Bullish bat pattern with running profits. 🌟 Weekly Chart Insight: - Bearish bat pattern for potential shorting. - Waiting for confirmation at higher levels. 📊 Daily Chart: - Bearish crab pattern at 150.41. - Focus on 144.79 for buying opportunity. 💡 Trading Opportunities: - Potential short at 149.33. - Buy on retest of 144.79. 📉 Four Hour Chart: - Shorting opportunity at 147.76. - Consider retest at 144.62 for shorting. 🦇 One Hour Chart: - Running profits from bullish bat pattern. - Wait for the violation of 146.29 for resistance confirmation.
Long
by RaynLim
Market Stands Firm on Support!📊 Weekly Chart: Long shadow at support, prior resistance. 📈 Daily Chart: ABCD pattern, respecting support. 🕓 Four Hour Chart: Counter-trend trade possibility. ⏳ One Hour Chart: Bullish bat pattern, wait for confirmation. 🌟 Weekly Chart Insight: - Market stands still in buy zone. - Different from Eurodollar. 📊 Daily Chart: - ABCD pattern, support respected. - Previous trade resulted in 219 pips gain. 💡 Trading Opportunities: - Confirmation of support for a buy. - Counter-trend trade in the sell zone. 🦇 One Hour Chart: - Bullish bat pattern. - Wait for consolidation or double bottom. - Use RSI Divergence for confirmation.
Long
by RaynLim
Trading Opp. Amid Sideways WavesTrading can be exhilarating when setups let you seize chances without wrestling with the broader trend. 🚀 Let's talk New Zealand Yen – a treasure trove of potential this week, regardless of the overarching movement. Gaze upon the weekly chart, and you'll spot the bearish shark pattern, already in motion since 88.24. Kudos if you've joined the ride! I'd ride it to the first target at 84.36, where the 5-0 pattern gifts a buying prospect. Our watchword: Will the market cradle within the blue box? Turning to the daily chart, a bullish bat pattern wraps up at 84.25. And if you had the insight to short on the bearish crab pattern, cheers! Your pockets are now heavier by 212 pips, a cool 2,120 USD. Strolling through the four-hour chart, a gartley pattern is ripe for the picking at 85.56 – a splendid buying occasion. If your sights are set on shorting, that 86.73 resistance line beckons. Zoom into the one-hour chart, and another gartley at 85.92 awaits, accompanied by a bearish shark at 86.82. 🦈📊 But wait, there's more – the 15-minute chart boasts a deep gartley at 86.20. So many opportunities, all within a single currency! A sign that sideways markets birth harmonic patterns, right? But remember, clarity in strategy is key. Decide if you're hitting that first target and running, or holding on for the second despite opposing patterns. And here's the golden rule: either chart your trade in advance or find a mentor deeply immersed in the trading fray.
Long
by RaynLim
Strong Bullish WaveEyes on the pound dollar chart reveal a resolute bullish trend. If contemplating a shorting opportunity, meticulous strategy testing and conservative stop-loss management are paramount. 🛑💼 Turning to the weekly chart, a pullback effortlessly rests on prior resistance, indicating the enduring strength of the overarching bullish trend. Daily chart support stands steadfast, with potential traders wary of a head and shoulder formation at 1.2831. However, personal experience dismisses this due to the prevailing robust momentum and familiarity with the pattern after 18 years of trading. 📊 Glancing at the four-hour chart, a consolidative phase presents several trading prospects, soon to be unveiled. On the hourly chart, further confirmation emerges within the consolidation phase, unveiling ample trading opportunities. 🕒 Returning to the weekly chart, analysis and strategies take center stage. Within the buy zone, prospects for buying opportunities flourish. Daily chart showcases a bullish gartley pattern on retest, inviting trading action. The four-hour chart displays a gartley pattern with a retest setup, accompanied by a prolonged consolidation period spanning 68 bars. This scenario prompts a choice between swift engagement or risk-reward patience. ⏳💰 For those aiming for counter-trend maneuvers, a shorting chance beckons at 1.2955 via a bearish shark pattern. Alternatively, a bullish bat pattern on the hourly chart, yet to solidify, offers a preferable entry at 1.2636. Trading transcends mere trend analysis, requiring timeframes, filters, and entry conditions for success. The ultimate goal is profit without undue trade extension.
Long
by RaynLim
Riding the Bullish WaveAmidst the whirlwind of events, the Euro-Dollar chart stands strong with a bullish trajectory. 📈 The weekly chart showcases a series of resolute highs, fortified by untested supports, painting an appealing canvas for potential buying opportunities. 🎨 Zooming into the daily chart, a pivotal support at 1.0834 shelters the bullish sentiment. A breach here could cast shadows on the prevailing optimism. However, the four-hour and one-hour charts echo a touch of bearish undertones, contrasting with the larger bullish narrative. 📉🕒 Within this landscape, the spotlight is on a possible buying chance, defying the bearish signals of the lower timeframes. Back on the weekly chart, attention focuses on 1.1232 as a battlefield for counter-trend short positions. Conversely, trend traders set their sights on 1.0698, a fortress for ultimate pullback aspirations. On the daily chart, anchored on support, a magic candle confirmation beckons before diving into trades. 🛡️🕯️ Shifting gears to the four-hour chart, a bullish bat pattern is poised, brimming with confirmation yet diving deeper. Patient traders await a trend line breach and RSI divergence as signs for opportune action. 🦇📊 The one-hour chart reveals a potential shorting scenario through a bearish shark pattern. The saga unfolds from point C, advocating patience for the sell zone breach, a signal for bearish entry. 🦈
Long
by RaynLim
Immediate Trading Opportunities AwaitDon't let Monday's reputation of slower market movement deceive you! This week, four immediate trading ideas present themselves right at the market's open. Many traders might overlook these due to the common notion that Monday trading is sluggish. Avoid this pitfall by conducting your analysis over the weekend. Stay ahead of the game and seize these trading prospects. Canadian Dollar vs. Japanese Yen Turning to the Canada Yen pair, the weekly chart shows a retest of the previous high, indicating a predominantly bullish movement. The daily chart solidifies this bullish trend. Counter-trend traders can explore pullback opportunities to secure good earnings. The four-hour and one-hour charts mirror this setup, offering counter-trend traders a chance to benefit. 🔍 Weekly Chart Insights 🔍 For the Canada Yen pair, a bearish Shark pattern retest presents an opportunity. Counter-trend traders can consider shorting at 108.75, potentially accompanied by RSI divergence. On the daily chart, a shorting opportunity is plausible with a retest at 109.12. 📊 Immediate Focus: Four-Hour Chart 📊 A bearish Bat pattern, already completed, captures my attention on the four-hour chart. This can potentially be shorted right at the market's open, or a bit of patience can be exercised to await an ideal confirmation. An entry point of 107.87 seems fitting if the trade conditions align. Conversely, a buying opportunity might arise with a bullish Bat pattern at 104.67. 🕒 Action-Oriented Monday 🕒 On Monday, my attention will primarily be on the four-hour chart for this trade setup.
Short
by RaynLim
📈 Navigating Euro-Dollar Trends: Trading Insights 📉Greetings, fellow traders! Let's delve into the Euro-Dollar trends and identify some potential trading opportunities. 🌍💱 📊 Weekly Chart Insights 📊 The bullish trend continues with a notable pullback, keeping our attention on the upswing. The market's pullback has tactfully avoided breaking crucial support at 1.0637. Transitioning to the daily chart, we find ourselves back in the buy zone. 🔍 Spotting Entry Points 🔍 For those eyeing a buying opportunity, a bit of patience might be wise as we await further confirmation before engaging the trade. The four-hour chart showcases an enticing support level at 1.0921, primed for a potential buying entry. Similarly, the one-hour chart hints at a possible pullback setup. 🔎 Charting Trading Prospects 🔎 Weekly Chart: Trend traders might consider a shorting possibility on a retest at 1.1232. Daily Chart: Watch for confirmation at 1.0913 for a buying opportunity. Four-Hour Chart: A bearish bat pattern completion at 1.1134 could intrigue shorting enthusiasts. For buyers, a bullish bat setup may require a magic candle confirmation at 1.0883. One-Hour Chart: An AB=CD movement completion at 1.0914 offers a potential entry point. 📅 Seizing Opportunities 📅 This week presents an array of trading prospects. The key is clarity in your trading intentions. Are you pursuing a trend trade, a counter-trend pullback, or simply capitalizing on setups as they arise? Planning using the A.P.E framework—Analyze, Plan, Execute—can be your compass to success. 🚀 Ready for Trading Success? 🚀 For those keen on utilizing the 15-minute-a-day A.P.E technique to enhance your trading prowess and boost income, don't hesitate to reach out. Elevate your trading game with strategic precision!
Long
by RaynLim
WTICOUSD: Triple Bullish Divergence at Bullish Bat PCZWe have a Triple MACD Bullish Divergence at the PCZ of a Bullish Bat that happens to align with the 200-Week SMA and the 800-Week EMA. I have generally been bearish on this chart since the highs back in 2022: but the persistence it's shown at this Harmonic and Technical level of confluence makes it hard to ignore the potential for at least a 50% move up back to the level of $100. The 1.618 is at the level of $96.13 but usually if price gets that close to $100, the asset ends up hitting $100, so my target will be $100. I do think that after it hits the level of $100, it will likely come back down and continue the bearish trend all the way down to even $10, but in the meantime, it looks like there is a decent chance of a short-term rally, which in this case happens to be about a 50% move up from the current level.
OANDA:WTICOUSDLong
by RizeSenpai
$LINK; LONG SETUP- PENDINGHello friends, This is a free of charge BIST:LINK setup for everyone to share and enjoy. However, this is PENDING and AWAITING for more confirmation. I will update all when the trade is a go and or no go. Arguments- A beautiful bullish pat pattern has flew from the caves and printed a local double bottom right around the .786 fib which is the GOLD standard when looking for areas of potential reversal. Now, we are above a infliction point, HOWEVER it is still awaiting that confirmation hence why the trade is still PENDING, as of now. We see on the oscillator's that regular class a bullish divergence has also developed and is in the process of follow through i.e price action. My stop loss shouldn't be your standard, as everyone has different strategies, however this is something that I would do. This is not trading advise and this trade is not active. This is me sizing up an asset and waiting for the alert to hit send ;) GLHF
BITFINEX:LINKUSDLong
by BShellhammer
NZDJPY VS NZDUSD📈💹 Expert Level Trade Ideas: New Zealand Yen and New Zealand Dollar! 🇳🇿🇯🇵 On New Zealand Yen, we have an overall uptrend movement. Daily chart shows a bit of pullback. Four-hour chart indicates increased volatility with new lows and highs. One-hour chart has a retest of previous support level with a bit of RSI divergence. 🔍 Trading Strategy: Hidden trading opportunities within this chart can be spotted if you know the trading rules. Scan the QR code to learn more and share your findings in our traders cafe. 📈 Weekly Chart: Bearish shark pattern already in play, running at 188 pips. Buying opportunity at 5-0 pattern, 84.36 level. 📊 Daily Chart: Bullish bat pattern presents a buying opportunity at 84.25 completion zone. 📉 Four-Hour Chart: Use the staircase trading strategy. Wait for a pullback at 86.91 for a short or a breakout trade below 86.38 to chase the bearish movement. First target at 85.36. ⏰ One-Hour Chart: Similar situation, no need to repeat. 💼 Love Planning Your Trades? Set rules, look for conditions, and spend 15 minutes a day on your market analysis. Drop me a DM if you want to trade smart and efficiently. #ExpertTradeIdeas #NewZealandYen #NewZealandDollar #Uptrend #BullishOpportunity #BearishSharkPattern #StaircaseTrading #BuyingOpportunity #SetRules #TradeSmart #DMForDetails
Short
by RaynLim
Time to Plan Your Currency Exchange!If you're planning a trip to Australia in the next few months, consider changing some Aussie dollars now. For counter-trend traders, it's a great opportunity to look for a buying opportunity in the AUD. Let's analyze the charts! 📊 The market hit resistance and is now in consolidation, making it a concern for buyers. The daily chart shows an M Formation, with the 0.6600 level as a critical watch. It's likely to be violated before any potential reversal. On the four-hour chart, wait for a buying opportunity with magic candle confirmation. ⏰ On the four-hour chart, a bullish bat pattern has already completed, signaling a potential shorting opportunity. Set alerts and observe the Monday market opening for further confirmation. 📈 The setup is clear and objective, leaving no room for subjectivity. Engage your trade with defined stops and targets in mind. 💡 Trade smarter and save time! Spend just 15 mins a day on market analysis, setting alerts, and enjoying life. DM me to learn how. 💹 Follow my only account @raynlim for insightful analysis and updates. Let's trade with confidence! 📈🇦🇺
Long
by RaynLim
📈 Master the Bullish Trend: Earn Income with Effective Trading 📈 The Euro dollar has shifted from a bearish to a bullish trend. On the weekly chart, we can see a violation of the previous resistance, indicating the overall trend is now bullish. However, this doesn't mean you can't consider shorting opportunities, just be more conservative with your targets. 🔍 Moving to the daily chart, the bullish trend is evident, and the RSI near the bottom signals a potential buying opportunity soon as the market is oversold. On the 4-hour chart, those trained in reading patterns might spot some opportunities right away. 💡 Pause the recording and share your findings, entry price, and trading strategy in the comments to learn and grow together. If you're not confident in spotting trends, join our community through the QR code to interact with like-minded individuals and learn how to trade. 💼 My analysis: On the weekly chart, while we're in a bullish trend, the resistance level at 1.1232 suggests both buying and selling opportunities. For a shorting opportunity, I'll wait for a counter trend or confirmation pattern at that level. 📅 On the daily chart, you can look for simple candlestick confirmation to buy at the current level (1.0974). On the 4-hour chart, a secure buying opportunity awaits with candlestick confirmation on the D price completion of the bullish bat pattern. The first target will be conservative, and I'll shift my stops to entry for a risk-free trade. ⏱️ If you'd like to spend just 15 minutes a day and generate additional income, DM me for more information. Let's make trading work for you! 💰🚀 #TradingStrategy #BullishTrend #ShortingOpportunity #JoinOurCommunity #DMMeForInfo Follow me on my only account @raynlim for more trading insights and updates! 📊📈
Long
by RaynLim