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(EP #39) Kelvin Trade Ideas - EURAUD Bat Pattern 2020-02-13A bullish bat pattern is almost complete in four hour chart. It provides a potential reversal level from 1.60330 to 1.60170. In the daily chart, the market is in a sideways trend. The potential reversal level is near the bottom of the sideways trend, so I can mark a beautiful stop loss level easily. I will wait for the confirmation signal which is showing up near the potential reversal level, then short the market. Please follow me if you want to know my trade ideas!
Long
by KelvinShamKaiMan
(EP #36) Kelvin Trade Ideas - USDCHF Bat Pattern 2020-02-03In four hour chart, we can see the market is in a sideways trend now. In one hour chart, there are two bat pattern completed. The pink bearish bat pattern provides a potential reversal level from 0.97500 to 0.97440. The blue bullish bat pattern provides a potential reversal level from 0.96300 to 0.96250. I will wait for confirmation signals show up which is near the potential reversal level, then I will open my orders. Please follow me if you want to know my trade ideas everyday.
Long
by KelvinShamKaiMan
(EP #34) Kelvin Trade Ideas - GBPCAD Bat Pattern 2020-02-02A bearish bat pattern shows up in four hour chart. It provides a potential reversal level from 1.76750 to 1.76340. I will highly focus on this trade idea in the coming month. Because in the larger time frames, we can see the market is in a sideways trend, the PRZ is at the top of the sideways trend, it means I can mark a beautiful Stop loss level easily. Also, the potential reversal level is an important resistance level on the weekly chart, the market had tested this resistance level a few times. Those reasons make this selling opportunity looks good. I am waiting for confirmation signals to short this market. Please follow me if you want to know my trade ideas everyday.
Short
by KelvinShamKaiMan
(EP #32) Kelvin Trade Ideas - EURAUD Bat Pattern 2020-02-02A bearish bat pattern is almost completed on a daily chart. It provides a potential reversal level (PRZ) from 1.67240 to 1.66870. In the larger time frames, the market is in an up-trend, so this selling opportunity is a counter trend trade. Notice the market didn't reach the PRZ since the beginning of 2010, It is not a good sign for me to short this market. So I am waiting for confirmation signals show up, If not, I will give up this trade idea. Please follow me if you want to know my trade ideas everyday.
Short
by KelvinShamKaiMan
(EP #31) Kelvin Trade Ideas - AUDJPY Bat Pattern 2020-02-02On daily chart, there are two bullish bat pattern. The gray bullish bat pattern provides a potential reversal level (PRZ) from 70.930 to 70.660. The purple bullish bat pattern provides a PRZ from 72.280 to 72.200. On the weekly chart, the market shows us it is in a down-trend clearly, so those buying opportunities are counter trend trades. I will not place any pending orders in this market, I will wait until the market shows me any confirmation signals which is near those PRZ, then I will long this market. Please follow me if you want to know my trade ideas everyday.
Long
by KelvinShamKaiMan
(EP #21) Kelvin Trade Ideas - EURUSD Bat Pattern 2020-01-10In four hour chart, there are two bullish bat pattern. The red bullish bat pattern provides a potential reversal level (PRZ) from 1.10740 to 1.10610. The green bullish bat pattern provides a PRZ from 1.10240 to 1.10100. I will back to this chart after the release of unemployment rate from the US government on 10 Jan. I will not place any pending orders in this market, but if I see any confirmation signal shows up near PRZ, I will long the market immediately. I also have a selling plan in EURUSD, check my profile! Please follow me if you want to know my trade ideas everyday.
Long
by KelvinShamKaiMan
(EP #28) Kelvin Trade Ideas - GBPUSD Bat Pattern 2020-01-30A bullish bat pattern is completed in four hour chart. It provides a potential reversal level (PRZ) from 1.29850 to 1.29710. I am waiting for the market back to PRZ again. I will use 1.29820, which is the previous low point closing price, as my long orders entey level. If the market shows me any confirmation signals near 1.29820, I will long this market. Please follow me if you want to know my trade ideas everyday.
Long
by KelvinShamKaiMan
(EP #26) Kelvin Trade Ideas - GBPCAD Bat Pattern 2020-01-17A bearish bat pattern shows up in one hour chart, it provides a potential reversal level (PRZ) from 1.70890 to 1.70840. In the larger time frames, the market is in down trend after general elections of the United Kingdom, so this selling opportunity in a follow trend trade. I will wait for market gives me confirmation signals which is near PRZ top 1.70890, then I will short this market. Please follow me if you want to know my trade ideas everyday.
Short
by KelvinShamKaiMan
(EP #23) Kelvin Trade Ideas - USDSGD Bat Pattern 2020-01-14A bullish bat pattern is almost completed in one hour chart, it provides a potential reversal level (PRZ) from 1.34530 to 1.34500. This buying opportunity is a counter-trend trade because the market is in a down-trend in the larger time frames. Notice this bat pattern is not in a standard shape, because the closing price of the candlesticks in point C is higher than the closing price of the candlesticks in point A. However, the main reason why I still look at this bat pattern because the PRZ bottom 1.34500 was tested by market a lot. Market tested 1.34500 as support and resistance level in early February 2019, May 2018, late November 2017 and September 2017, etc. I am waiting for confirmation signals to long this market. Please follow me if you want to know my trade ideas everyday.
Long
by KelvinShamKaiMan
(EP #22) Kelvin Trade Ideas - USDCNH Bat Pattern 2020-01-13A bullish bat pattern is almost complete in daily chart, it provides a potential reversal level (PRZ) from 6.86400 to 6.83940. This buying opportunity is a follow-trend trade because the weekly chart shows us market is in up trend clearly. The PRZ overlap the bottom of the bearish channel, I am waiting for confirmation signals to long this market. Please follow me if you want to know my trade ideas everyday.
Long
by KelvinShamKaiMan
4
(EP #20) Kelvin Trade Ideas - GBPUSD Bat Pattern 2020-01-10In the daily chart , the market is in up trend. At the same time, a bullish bat pattern shows up in four hour chart, it provides a potential reversal level (PRZ) from 1.29530 to 1.29430. This buying opportunity is a follow trend trade. I will back to this chart after the release of unemployment rate from the US government on 10 Jan. If the candlesticks break the PRZ, I will stop trading this bat pattern. Please follow me if you want to know my trade ideas everyday.
Long
by KelvinShamKaiMan
(EP #19) Kelvin Trade Ideas - USDSGD Bat Pattern 2020-01-09In the daily chart, the market is in down trend. At the same time, a bearish bat pattern shows up in four hour chart, it provides a potential reversal level (PRZ) from 1.35545 to 1.35520. This selling opportunity is a follow trend trade. I will back to this chart after the release of unemployment rate from the US government on 10 Jan. If the candlesticks break the PRZ, I will stop trading this bat pattern. Please follow me if you want to know my trade ideas everyday.
Short
by KelvinShamKaiMan
(EP #18) Kelvin Trade Ideas - EURCAD Bat Pattern 2020-01-08A bullish bat pattern within buy zone (red box) in four hour chart. I will use potential reversal zone bottom 1.44820 as my buy order entry price. This market is in a sideways trend in the daily chart , so I can mark a beautiful stop loss level easily in this buying opportunity. The market gives me RSI divergence as a confirmation signal, however, the recent close price in low point is lower than the double bottom pattern's close price at X point (green line). It is not a good sign for me to mark this low point is an inflection point. I will wait for a new double bottom pattern around 1.4465 as a confirmation signal, then I will long this market. Please follow me if you want to know my trade ideas everyday.
Long
by KelvinShamKaiMan