Trade Ideas Educator: USDCAD BatYes, this is an indicator on a testing phase, so yeah a Bullish Bat Pattern has setup, having the bullish engulfing candle and a long shadow cand that seems to lose the momentum I'm in on this counter-trend trade setup.
If you can spot it, a bearish shark pattern may form for a trend trading opportunity(short).
If you love to receive the levels, check out the link at (3)
Bullish Bat
GBPUSD-Weekly Market Analysis-Feb20,Wk3Now having the overall trend still pointing Bullish, will you short GBPUSD as a counter-trend trade as a Retracement after the Double Top of just wait out for the bullish bat to form and engaged as a trend trading trade?
I've my thoughts, comment down below and I will gladly share mine.
NZDUSD: Bullish Bat with ReboundSince last week, NZDUSD has broken above a 2-week falling trendline thus ending a bearish structure.
A bullish bat was formed after the breakout and as the price pulled back.
The price has currently found support at 0.6593 and a rebound has begun.
And once again, the price break above another minor falling trendline.
Price did a little pullback and may start to climb again soon.
Trade Ideas Educator: GBPAUD BatA bullish bat set up for a trend trading opportunity has 2 warning signs:
1) A potential head and shoulders setup on the daily chart.
2) A consolidation at Point C may signal a small sell zone to some trader and gain momentum for the bearish run.
I will wait for candle confirmation before engaging in this trade. You can choose if to join us on our TIP community where you receive all my trade, Stop, Entry, Target or to join us on Facebook Live on the coming Wednesday to see the development of the trade.
Link is at the bottom.
LONG #Bitcoin - Mother of all Inverse Head & Shoulderalright, so the last H&S I spotted was flopper -
"never tried, Never failed, No matter, try again, fail again, fail better" *optimistic*
I did chart it LONG back but with so many moves on Smaller Time frame I messed it up -
as I said in telegram this year gonna be focusing more & more on swing trades not letting smaller TF moves piss me off. Right now I am not in any Long Leverage Position, I am holding a Long position on Gold though!!
Anyways let's get this done -
So clearly as you can see we might be building an Inverse Head & Shoulder on weekly charts, targets are mentioned on the chart.
One more good case for this long is the breakout of the falling wedge on weekly TF -
We have broken out of Falling wedge & there should be a retest soon, which can possibly be the right shoulder.
on the monthly chart, we might be forming a bullish BAT as well now as you can see there have been many wicks on both sides as it's monthly candles but for me it's candle closes that are important
I usually don't go for fundamentals but when we have FEAR of WW3 around I am sure people are GREEDY with their Gold & Bitcoins
you can also use Leverage on Bitmex or bybit to multiply your profits but remember Leverage Trading is HIGH RISK So is Crypto trading & that's why I am legally obliged to say
#DYOR
remember I am not a financial advisor & this are all just my thoughts :)
make sure to leave a comment & if you agree then hit that thumbs up
Do not forget to check out other ideas & do share it with your friends :)