Bullish Bat
USDJPY-Weekly Market Analysis-Sep19,Wk2A bearish bat with ABCD pattern on the daily chart got me engaged in a longer-term trade. A break and close above the previous high was the 1 sign I need to know that this plan is sound and there's nothing to worry about, besides, I have already shift stops to lock some profits for all my USDJPY trade.
Being a conservative-aggressive trader, on 1 end, I wanted to trade more for such a lovely setup, on the other hand, I don't wish to exposed too much risk on any single trade. A simple trading mantra I use, "Every Trader Believe That Trade Is A Profitable One, So Do I." This prevented me from over-exposure from any single trade.
So what I did is to wait for other buying opportunities on a lower-timeframe to engage the trade.
On the 1-hourly chart,
1) long at the base flag and exit at the previous high, then shift stops to entry,
2) a retest with indecision candle and reversal candle to long
3) Deep Gartley
4) Now waiting for a retest of the buy zone to engage.
GBPUSD potential bullish bat pattern GBPUSD potential bullish bat pattern
around 1.2048 will be a good area to long
SL : 1.2006
TP : Follow arrow
EUR/AUD - Bearish BAMMEUR/AUD is almost ready to go! Bearish BAMM setup has formed on the 4h chart, providing a trading opportunity with a 1:2.33 risk to reward.
BAMM trading setups rely on a valid bat pattern, you'll find the relevant measurements below.
XA Retracement: 0.382 - 0.50
AB Retracement: 0.382 - 0.886
BC Projection: 1.618 - 2.618
XA Retracement: 0.886
The time proportions of this setup are absolutely spot on so far, we'll revisit this in a few days.
Currently waiting for a break and close below 1.63100.
Trade Ideas Educator : GBPAUD BatA bearish bat pattern traded on the type2 setup within the profit trend line. The 1st extended target of the bearish bat has already hit the target with 80pips of profit.
When to extend and when not you may think? I could help, all you need is to ask and I'll head you to the direction you are looking for. Profit of course.
With the final profit hit for the bearish bat, it will bring forward the opportunity of the bullish bat setup for a trend trading opportunity.
Refer to my previous post to see how the trade had formed.
WAN Bullish Bat PatternWAN maybe forms Bullish BAT Pattrn on 1H time frames. All important values, rezistence, PRZ, take profit you can see in chart :)
AUDUSD potential bullish bat pattern AUDUSD potential bullish bat pattern
around 0.6694 will be a good area to long
SL : 0.6674
TP : Follow arrow
Trade Ideas EducatorA bullish bat pattern on the EURJPY Weekly Chart and after 2 weeks of waiting it is now valid. At this moment the 1-hourly chart gives a bullish butterfly buying opportunity too. Who says that a higher timeframe requires a higher-stop?
This is when bullish butterfly meets bat.
Weekly Market Analysis : USDJPY BatType2 Bullish Bat setup along with AB=CD pattern with RSI Divergence and not just that a buy zone reversal and the candle 'check-back' isn't this fantastic.
Well, the only thing that wasn't that great is having such a high volatile black candle and head in for a countertrend trade doesn't look like the smartest move right? Perhaps is what we say about the high-risk high return in this case.
Well, a conservative trader can wait for 2-days confirmation candle for a bullish engulfing to engage.
Weekly Market Analysis: EURUSD BatBullish Bat setup seated on the buy zone of the bullish bat triggered off the rally and 1st target was achieved, the market is about to hit the 2nd target. What's great about this trade was that the setup was discovered a week before the move with precise Stop, Entry, and Targets(SETs) how great is that?
Harmonic Patterns has to learn it right. Do you know there are 8 rules just to plot it right and an extension of at least 6 more for better profitability rate?
Start counting if you don't reach the minimum 8 rules, you know something is not right.
H4 EURUSD Quick Intraday LongBullish Bat Pattern on the H4 approaching.
Entry: 1.1051
SL: 1.10120
TP: 1.1103
Do like and share this post. I use a combination of trading strategies such as Supply & Demand ( SND ), Harmonics Patterns, Multiple Time Frame Analysis , Candlestick Analysis to name a few. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.
Trade Ideas Position: AUDCAD CrabIs not just a crab pattern but a deep crab pattern with a type2 bullish bat within the buy zone.
A great consideration for a trading opportunity but I will leave that decision to you.
Happy Friday.
Trade Ideas Position: AUDCAD BatA bullish bat forms up at the buy zone as a countertrend trading opportunity.
With RSI Divergence it had just made it a great setup for the trade, however, after my buffer is added in, the Reward:Risk didn't achieve a 2:1 trade and is all due to the drop in market volatility.
Hence, another myth breaker that high volatility is bad for trading.
Granules - 4 Hourly ChartThe stock is currently trading within a Bullish BAT and a Bullish Butterfly Pattern. Excellent confluence levels of both the patterns in marked PRZ. Awaiting for price to come within the zone and then on basis of price action, we can get a lovely long trade.
EURUSD: Awaiting Completion of Bullish BatThe EURUSD is getting ready to inch lower as it failed to break above 1.1111.
Once the price dip lower, a bullish bat will be completed.
There is a good chance for the price to rebound stronger near the previous low of 1.1026.
And based on past pattern, EURUSD is likely to rebound higher again before it's able to break new low again.
Trade Ideas Position: EURUSD BatA bullish bat setup as a countertrend trading opportunity within the Buy Zone. I'm waiting for RSI to the oversold area or further confirmation to engage the trade.
Trade Ideas Educator: AUDUSD FlagA potential bullish flag formed up that may give a perfect opportunity to have a counter-trend trading opportunity ride to the bearish deep Gartley for a trend trading, selling opportunity on the resistance line.
If the market falls deeper, I have a bullish bat waiting to catch it, however, by then the bearish bat might be invalid.
If you don't know what I'm saying, the only question I have is, "Did you learn the harmonic pattern right?"
USDJPY-Weekly Market Analysis-Aug19,Wk4On the 4-hourly timeframe(right), have you spotted the RSI Divergence that gave a great counter-trend trading opportunity if you have missed that then is back to the support and resistance trading setup on the 1-hourly chart(left).
Classic setup but it is still the most effection setup. For trend traders who are looking for shorting opportunity, do note the big bullish engulfing candle on both 4-hourly and 1-hourly chart.
If you have noticed, it is the same candle, which means during the bullish movement, the market holds the price for 4-hours. This is a piece of information you shouldn't ignore. I will be more interested in long position than short position.
Do note that the bullish bat on the daily chart still stands, refer to my previous post as mentioned. The 1 thing I love about this bullish bat is it coincides with AB=CD pattern at a close enough entry price. Traders who have missed it can certainly wait for a retest.
Potential Bullish BatPotential Bullish Bat completing on AUDJPY 1hr. Will be watching how price reacts around the 88.6 level of XA for a reversal.
88.6 XA Confluence Projections: BC = 2.618
AB=CD completion = 1.618
USOIL potential bullish bat pattern USOIL potential bullish bat pattern
around 51.80 will be a good area to long
SL : 50.30
TP : Follow arrow
Potential Bullish BatPotential Bullish Bat Harmonic pattern forming on the 1hr chart.
Price clusters at the 88.6 of XA are:
BC projection = 2.00
AB=CD has a 78.6 retracement with reciprocal ratio completion at 127.2 just beyond the 88.6 of XA level.
Long term MATICBTCMATIC created Bullish BAT Pattern, which is confirmed and completed. Target for long term are 180-200sats (1. Take profit) and 250-270sats (2.Take profit).
