Bullish Bat
BTCUSD Bullish BAT: Time to BUY?As discribed in the video the CD leg of a really nice looking Bullish BAT is forming up on BTCUSD.
Entry looks to be around the 78.6 level ($7246) which is very close to Monthly S1 ($6939) to give us a reason to think this is a good place for price to turn around. If you were to get long there your stop should be under X ($6004).
As D has not formed up yet I will post an update on entry & stop as price gets to there.
SPKUSD BAT pattern: Trade management updateBAT is doin its thing, B C leg has been reached and now we move stop to Break Even and watch as (fingers crossed) price continues to move higher to other price targets.
Bat Hunting Season! (Potential Bullish Bat GBPUSD)After taking part in the rally up on this pair, the GBP is once again offering us another potential bullish bat opportunity. Entries around the 1.3808 level and make sure you follow your rules on stops and targets!
So long as opportunities keep presenting themselves, I will keep taking advantage and do my best to let you all know!
Also, just so you don't forget... this is not an endorsement to trade, this is just my opinion. Trade at our own risk!
The ObituaryA fruity bat was born but it was born prematurely, tried flying but couldn't, fell not once but twice in such attempts and is on its death bed now. The grave is being dug at this very moment, whether the grave would be as much deep as the death bed or the height of second flight, it is yet to bee seen. May the brave rest in peace!
Finding my first harmonic pattern. NZDUSD Bullish Bat.This is my first attempt at creating a harmonic pattern on the charts. I believe this is a bullish bat. I have matched up all the numbers and they seem to be within the required ratios. The only thing bothering me is my D point. It is within the correct ratios but the placement of the D point is causing me some confusion as to whether the placement is valid with the surrounding candlesticks. Any comments, pointers, feedback etc is extremely appreciated.
MaidSafe - Bullish Bat (Low Buying Level)What's up traders, today I'm looking at MAID/BTC on the 4h chart with a bullish bat pattern, this pattern completes near the all time low for MaidSafe and it's exactly why it caught my attention.
The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886
Credit to www.tradingview.com for spotting this formation.
Right now price has decline by 52% and the overall correction at the PRZ is 64%.
Once the pattern completes I will update the idea before going long!
USDJPY - Potential Bat Pattern on Daily ChartA bullish bat pattern is about to complete, RSI is already at oversold level.
PRZ is at a good support level.
Not ambitious on this on as the Commitments of Traders reports on USD shorts have risen.
DO note that federal funds rate and NFP announcements will be released this Thursday and Friday.
Please trade with caution.
R:R at 1.8. Good luck.