Is about out of the cave?Is a BaT coming out of the Cave? Sometimes Bitcoin shows itself to be a true virtuous artist by implementing its own unpredictability, drawing its history, like a genius who does not know he is. Its power.
I'm a chartist, I like to draw. This is not a financial advice. Do Your Own Research, always.
Thanks for watching
Bullish Bat
Update of my last idea as we get some additional infoBullish Bat to complete new wave 2. Better entry point coming around 4416 (should materialize around 2pm today).
Initial target modified to 4517 (slightly lower than the 4533 from last post); this likely wont materialize until tomorrow unless we get an EOD rally in the form of an explosive bounce off of 4416ish.
Have a blessed day.
Not Financial Advice.
YFIIUSD: Inverted Head and Shoulders at the PCZ of a Bullish BatThere is an Inverted Head and Shoulders Pattern with Triple RSI Bullish Divergence at the PCZ of a Bullish Bat.
You likely don't want to see price trading below $1,480 and your first area for taking profit will probably be around $4,165
USOIL 4hr Its all about the wave structures!
As a Technical Analyst I identify patterns and harmonics to give us a higher probability of an outcome before they happen rather than talking about it in hindsight!
Here you can see on the 4hr chart the Bullish Bat Harmonic with a type 2 return underperforming and maturing into a Bearish Bat Harmonic that has a PCZ OF $114.72
Weekly Double Bottom With Class C Bullish DivergenceWe have Class C Hidden Bullish Divergence on the RSI and Class C Bullish Divergence on the MACD along with a Weekly Bullish Crossing. We also have a Bullish Shark on the weekly that could put us on the path to rallying to the PCZ of a Bearish Shark at the 0.886-1.13
We also have a Bullish Gartley that can be seen on the Daily timeframe as shown on this chart from awhile ago that we may be making a type 2 confirmation on:
USDJPY - Bullish BatA Bullish Bat Pattern emerge on the USDJPY 1hourly chart within the Buy Zone.
That's what I like about this setup.
What I don't like about this setup is that there's a lot of ebb and flow of the market on the USDJPY 1hour chart. It shouldn't be the case for this pair, but either way, the upward movement most likely will be a rocky path(closing in to the profit, retrace, closing in to the breakout, retrace again.)
Having that said, it is still a nice setup. Get ready for a bumpy ride if you are into this trade.
Bullish Bat with Double MACD Bullish DivergenceWe have Bullish Divergence on the RSI and 2 Instances of Bullish Divergence on the MACD at the PCZ of a Bullish Bat Pattern on the Daily; the Moving Averages are beginning to curl up and the 4 hour is testing sitting at the moving averages at the Neckline of a Double Bottom at the time of posting.
ATOM/USDTActive Trade Set up
Outperformed the Macro
Created the Bullish Bat Harmonic at the 0.886 retracement sprung and backtest of spring (type 2 return) On an old inflation point from history
Hidden bullish divergence develops at the PCZ of the harmonic where it just happens to have also created an inverse head and shoulder pattern
USDCAD - Bullish BatThis is one of the trading setups that could give us an entry opportunity once the market opens on Monday(GMT +8). A 3-bar reversal will be a safer bet to engaged the trade.
However, if you are comfortable taking some risks, the reward is much better now. Stop goes below X of the Bat Pattern by using my secret formula of the buffer.
Bullish Bat Harmonic Tutorial on GBPAUD H4 (Come with Analysis)When Bullish Bat appears, it is more confident to Take Profit.
TP1 is 0.382.
TP2 will be 0.618.
The early entry can be at the Bullish Engulfing at the bottom.
Because of the trend has manage to break 0.618, it is successful to about making a new Bullish trend here.
This tutorial come with Analysis. :)
Look for Buy opportunity now.
Let's ride this trend.
Note: I am starting to care less about FA bit by bit. It stays fun to know. TA is much more.
Harmonic Pattern is founded and detected by Mr. Scott Carney at year 2000. They are all already patented.
Learn more about Harmonic Patterns from his website. I am still studying them. I like it. It is proven today.
Combine with other technique to add more conviction.
I really appreciate this knowledge. :)
Like/Comment/Thumbs Up if this is any helpful. Thanks in advance.
AUDCAD SHORTS 📉📉📉📈 Expecting bullish price action on EURJPY as price takes out sell stop liquidity where a lot of retail stops where, also price takes out liquidith below the psychological area 128.000 and closed above with a high bullish momentum on H4, i see a retracement on the JPY INDEX meaning JPY should go down and EJ would go up. RSI/Stochastich Indicator are below 20 area meaning a reversal should occur because price is oversold from a mathematical standpoint.
What do you think ?