Bullish Bat
USDJPY #Forex #ForexTrader #ForexTrading #ForexChartUSDJPY - Long
Possible bullish bat pattern forming
Completion down at the 105.000 even handle
TP1 - 38.2 Retracement
TP2 - 61.8 Retracement
TP3* - Wherever u want it to be or just let the position run as long as possible.
Any questions feel free to drop a comment or a message and il be happy to help.
Thanks
Ben
#PipGainFX
Trade Ideas Educator: GBPAUD SharkAnother stack trade in the cooking. A bullish shark pattern on the 1-hourly chart(left) for a buying opportunity as a type2-shark.
On the 4-hourly chart(right) the bullish trendline, I'm waiting for a buying opportunity if only the candle sits well above the trendline.
If candle break and close below it, I have another bullish bat pattern in the waiting.
Bitcoin, if I'm waiting for an even much lower price, where?If I'm waiting for a much lower price to buy bitcoin, where will it be?
Well, you might just be in luck. A bullish bat pattern might just form up. Tonights NFP might be helping you to achieve that or against it.
1 of my friend has bought 20% of his intended purchase of bitcoin last night and maybe 30% to 50% more when it reaches 7900USD.
I must say I'm no expert in this product but is certainly a price 7900 for a next major reaction.
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Trade Ideas Position: EURJPY 5-0A Bullish 5-0 pattern staging for a bigger trade setup. An opportunity for me to engage on a longer-term trade, however, I do need a bullish engulfing candle to close to engage.
Do note tomorrow is a non-farm payroll data release. Traders who aren't comfortable should wait out for the news and usually, I will engaged 15-45mins after the release of non-farm payroll.
Bull Flag - Head & Shoulder Formation Hello Traders,
We are currently watching this pair for a potential bull flag , and a break higher towards the shoulder line.
Major resistance found at 1.6420. We will look to enter a sell position from the shoulder line with a long term target of 1.5900.
The RBA will cut interest rates tomorrow therefore expect volatility on all AUD pairs.
Short term we are expecting further upside, however long term we may see the pair break lower than the neck line of the head and shoulders pattern.
Please let us know your thoughts on the set up,
www.forexstoreau.com
Harmonic Bat PatternThe Harmonic Pattern Bat is made up of 5 swing points, X,A, B, C and D and come in Bullish and Bearish bat variations.
The Harmonic Bat pattern has the following characteristics which can be used to identify the Bat pattern.
AB leg can retrace between 38.2% – 50% of XA leg
BC leg can retrace between 38.2% – 88.6% of AB leg
CD leg can retrace up to 88.6% of XA leg
CD leg can also be an extension of between 1.618% – 2.618% of AB leg
When a (bullish) pattern does not go as anticipated, there are still very predictable ways to trade them.
One thing you'll want to do is wait and see if price closes above or below reverse 127.2% XA extensions. If price closes above the pattern is still considered valid.
Dont forget to like the post and comment with ideas below
May God bless
Trade Ideas Educator: USDCAD BatLooking for a buying opportunity on this bullish bat setup. The bat pattern fits in on the daily chart inverted head and shoulders. It may be still too early to tell at this moment but by Wednesday this week, the sign should be clear.
Check the link to related ideas that reflect on the analysis on Inverted Head and Shoulders that I've posted a week before.
Trade Ideas Educator: NZDJPY BatI'm waiting for a magic candle confirmation to engage for a buying opportunity. I'm not going to place the pending order because:
1) On the higher timeframe, this trade is considered as a countertrend trade.
2) The recent string of bearish candle got me concern about this setup.
Trade Ideas Educator: EURJPY SharkOh wow if you have missed the bullish bat trading opportunity on the weekly chart, there's potentially another opportunity, a 5-0 pattern can set you up for a buying opportunity.
Do you know how to spot that though?
I've engaged a trend trading opportunity as the market has set up for a shorting opportunity, a bearish shark on the 4-hourly chart(left).
Let's see how this trade roll out.
USDJPY-Weekly Market Analysis-Sep19,Wk3Missed the bullish bat and ABCD pattern on the daily chart? Then missed the base of bullish bat, a retracement of the bullish bat, deep Gartley, ABCD pattern or rather uptrend bounce(my course content) on the daily chart?
No worries, anther bullish bat setup on the 1-hourly chart for a buying opportunity and hope you won't miss it again.