Bearish Bat - GBPCHF - Weekly ChartLong term perspective of GBPCHF . Spotted Bearish Bat in GBPCHF.
It will be a dream setup if this is fulfilled.
TP1: 1.3779 (1270 pips)
TP2: 1.2896 (2153pips)
SL: 1.5807 (-758pips)
Expected completion by 21 Sep 2020 (optimal). Latest completion before 27 Feb 2023
Open position only when price completes its retracement from 1.5049 to 1.5204 back to 1.5049.
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(EP #67) Kelvin Trade Ideas - XAUUSD Bat Pattern 2020-03-24A bearish bat pattern is spotted in four hour chart. It provides a potential reversal level from 1677.50 to 1663.00. I will wait for the market to give me a confirmation signal which is near the potential reversal level, then I will decide should I short the market.
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(EP #66) Kelvin Trade Ideas - USOIL Bat Pattern 2020-03-24In the Oil market, the market is in the downtrend. In one hour chart, I spotted a bearish bat pattern(blue), it provides a potential reversal level from 27.50 to 26.70. The market had spotted a bearish bat pattern with a similar potential reversal level before. Also, in the bigger timeframe, there is a bearish trendline which is overlapping the blue bat pattern's potential reversal level, it is a good sign for me to short the market. I will wait for the market to give me the confirmation signals, then decide should I short the market.
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(EP #65) Kelvin Trade Ideas - USDCAD Bat Pattern 2020-03-19A bullish bat pattern is spotted in 15 mins chart, it provides a potential reversal level from 1.42160 to 1.42070. In the larger time frames, the market shows us it is in an uptrend, so this buying opportunity is a follow trend trade. I will wait for the market to stay in the potential reversal level and give me confirmation signals, then I will decide should I long the market.
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(EP #64) Kelvin Trade Ideas - USDJPY Bat Pattern 2020-03-19A bearish bat pattern is almost complete in four hour chart, it provides a potential reversal level from 109.750 to 109.440. Because the market created a clear bullish channel recently, so If I wanna short the market later, the first request is the market breaks the channel. I will wait for the market to give me the confirmation signals, then I will decide should I short the market.
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(EP #63) Kelvin Trade Ideas - USDCHF Bat Pattern 2020-03-16A bearish bat pattern is complete in one hour chart, it provides a potential reversal level from 0.95320 to 0.95200. We can see the market is in a downtrend in the daily chart, so this selling opportunity is a follow trend trade. I will wait for the market gives me a confirmational signal, then decide should I short the market.
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(EP #62) Kelvin Trade Ideas - EURUSD Bat Pattern 2020-03-12A bullish bat pattern is almost complete in one hour chart, it provides a potential reversal level from 1.11400 to 1.11180. In the larger timeframes, we can see the market is in up-trend, so this buying opportunity is a follow-trend trade. I will wait for the market gives me a confirmation signal in the potential reversal level then decide should I long this market.
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(EP #61) Kelvin Trade Ideas - USDCNH Bat Pattern 2020-03-12A bearish bat pattern is spotted in four hour chart, it provides a potential reversal level from 7.02140 to 7.00360. Because the market just create a new lower point, now it is in a callback situation, so this selling opportunity is a follow-trend trade. I will wait for the market to give me a confirmation signal, then decide should I short this market.
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(EP #60) Kelvin Trade Ideas - XAUUSD Bat Pattern 2020-03-12 A bullish bat pattern is sported in one hour chart, it provides a potential reversal level from 1610 to 1593. In the larger timeframes, we can see the market is in up-trend, so this buying opportunity is a follow-trend trade. I will wait for the market to give me a confirmation signal which is near 1593, then decide should I long this market.
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(EP #59) Kelvin Trade Ideas - BTCUSD Bat Pattern 2020-03-12A bullish bat pattern is spotted in the daily chart, it provides a potential reversal level (PRZ) from 6898 to 6813. Because the PRZ and the weekly chart support level (~6850) are overlapping, so I can set a beautiful stop loss level easily if I decide to long this market. I am waiting for the market gives me a confirmation signal which is near 6813, then I will decide should I long this market.
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(EP #58) Kelvin Trade Ideas - GBPJPY Bat Pattern 2020-03-11A bullish bat pattern is complete in the daily chart, it provides a potential reversal level from 133.900 to 132.420. I will wait for the market to give me a confirmation signal which is near 132.420, then decide should I long this market.
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(EP #57) Kelvin Trade Ideas - GBPUSD Bat Pattern 2020-03-11A bullish bat pattern is complete in one hour chart, it provides a potential reversal level from 1.29150 to 1.28820. Now the market is in the potential reversal level, I am waiting for the market gives me a confirmational signal, then I will long this market.
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(EP #56) Kelvin Trade Ideas - GBPCHF Bat Pattern 2020-03-10A bullish bat pattern is almost complete in the daily chart, it provides a potential reversal level from 1.20500- 1.18515. In the larger time frames, the market is in the down-trend, so this buying opportunity is a counter-trend trade. I will wait for the market gives me confirmation signals in the potential reversal level, then decide should I long this market.
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Bullish ABCD - EURUSD (Daily Chart)ABCD pattern spotted in EURUSD (Daily chart)
TP1: 1.0974 (270pips)
TP2: 1.1141 (437pips)
SL: 1.05189 (-185pips)
Expected D completion : 1.0704
Extra Confirmation if RSI dips below 20 and progress upwards
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(EP #55) Kelvin Trade Ideas - EURAUD Bat Pattern 2020-03-05A bullish bat pattern is spotted in one hour chart, it provides a potential reversal level from 1.65590 to 1.65210. In the larger timeframes, the market is in an uptrend, so this buying opportunity is a follow trend trades. I will wait for the market gives me confirmation signals in the potential reversal level, then decide should I long this market.
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(EP #54) Kelvin Trade Ideas - AUDUSD Bat Pattern 2020-03-05A bearish bat pattern is almost complete in four hour chart, it provides a potential reversal level from 0.66800 to 0.66600. Because the market is in a downtrend now, so this selling opportunity is a follow trend trade. I will wait for the market to give me confirmational signals in the potential reversal level, then I will decide should I short this market.
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(EP #52) Kelvin Trade Ideas - NZDJPY Bat Pattern 2020-03-02 A bullish bat pattern is complete in the daily chart, it provides a potential reversal level from 67.720 to 67.360. The market broke below the potential reversal level and back to it. Because of the recent low point, 66.579 is higher than the bat pattern X point 66.320, so this buying opportunity is still valid. I will watch the candlesticks which are between bat pattern X point and the potential reversal level. If the market gives me the confirmation signals, I will decide to long the market. On the other hand, if the market breaks below the bat pattern X point, I will delete this signal in my watching list.
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