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Bullish Bat

Gold: Bullish Bat After Double BottomThe intention to long the gold just like the post yesterday stays the same. We are supposedly expecting an ABCD pattern near 1290 and that price will continue to climb. However, the price fell too fast and more than what's needed, yet another formation appears which still favours the bulls - a bullish bat pattern. The completion of the bat pattern is part of a retracement after a successful double bottom. The bat pattern is now seen completed at the previously broken rising trendline. Thus, now would be a good opportunity to buy gold.
FX:XAUUSDLong
by AlgoVenture
GBPUSD-Weekly Market Analysis-May19,Wk3GBPUSD is showing a downtrend movement on the daily chart. On the 4-hourly chart, the market does show a possible potential head and shoulders. I will definitely need to wait for the candle to touch the read shoulder before I can engage. On the smaller timeframe, you can see the blue bullish bat pattern. I have already engaged this, thought market move back to my entry price but I'm going to follow my rules and wait for the 1st target being hit, then I will shift stops to entry. Love this analysis? Like it and Share it with your friends.
Short
by RaynLim
Ethereum - Just a Lil' BitBITFINEX:ETHUSD Monthly Analysis - Adjustment Potential Bullish Shark Pattern AC 1.13-1.618 XD 0.886 Potential Bearish Butterfly Advanced Pattern AC 0.382-1 XD 1.272 Potential Bullish Bat Pattern 0.886 Expanded Flat Corrective Wave (ABC) Support and Resistance Levels Moving Averages Fibonacci Retracement Levels This is an adjustment from the previous Monthly analysis. The Money Journey - Hope for the best and prepare for the worst. It's strongly recommended to avoid other traders who tend to make lots of charts with different or even in the same perspectives over and over. They have a low win rate and it's clearly seen only chasing popularity with their lack of experience and abilities. ]
BITFINEX:ETHUSDLong
by EchoLAB
XLM - Bat Pattern formed on the daily!Hey everyone, today I bring you guys an analysis on XLM. As we can see in the chart, there is a Bat pattern, with a cluster in the zone 2173-2193 which is the buy zone. This pattern has a win rate above 80% , so let's check it out! We can also see that volume is decreasing while price goes down, this means that this dump is losing it's power , which is bullish and complements this analysis. Take profits are the green lines: 1) 2490 , which is the B point and the 38.2 fib resistance from A to D. 2) 2683 , which is the C point , possible resistance there (look at the left, it worked as a brief support, which turned to resistance now) 3) 2980, which is the A point. I recommend Stop-Loss a little below the X point, close to 2047 (since point X can also work as support). If you want to share your ideas , comment down below and like if you enjoyed this analysis. Disclaimer: I'm not a financial adviser , I'm not responsible for any losses due to following my chart analysis!
Long
by Vasques