Hello and welcome to this analysis On the daily time frame a Bullish Harmonic Bat is being formed. The PRZ of this pattern also coincides with the Bullish Cloud support of the weekly Ichimoku time frame. As long as it does not breach below 16900 it could bounce back to 17300 and above that till 17650. A confirmation of this reversal would be spot sustaining...
Hello and welcome to this analysis Stock has made a Bullish Harmonic Bat reversal suggesting a bounce back to 675 and 745 as long as it sustains above 590 (hourly basis) Smallish resistance near 615 and above that at 645 Good risk reward set up at the current juncture Happy Investing
Hello and welcome to this analysis A bullish harmonic bat has been activated in daily time frame suggesting a bounce/reversal till 1075/1100 as long as it does not break below 990. Accumulation zone 1010-1040 for a good risk reward set up Happy Investing
Hello & welcome to this analysis LTTS from May 2021 lows formed a Bullish Harmonic Bat in July 2022. From there it has almost given a 62% retracement to now form a Bearish ABCD Pattern suggesting some consolidation to pullback till 3900 until it starts sustaining above 4400. Not an area to go aggressive fresh long right now, more of a pullback for entry and then...
We see a completed bullish bat pattern on 30 min time frame. With 4hr fib clusters
Possible Double Bottom with good Buying. Double Bottom pattern target is 1x above the neckline - this would be around 21,950-22k. The 0.886 fib X-D also meets here, which would create a potential bearish harmonic . If this does happen, my profit target will be the 1.618 and 3.14 fibs - around 20k and 18.3k. There is a descending triangle , but I won't be...
Let's understand multi timeframe analysis for NSE:5PAISA . 1. Price has forming bullish harmonic bat pattern and is currently standing at a PRZ(Price Reversal Zone). 2. Price is approaching a key demand level in weekly and monthly timeframe. 3. After making a consecutive LH-LL structure, price has finally made a HL which could suggest a reversal of a trend....
An ascending harmonic pattern has been formed and the price has left the triangle. The price can touch the first target of 167.3 and the second target of 203.9.
With the announcement of the inflation rate of 1.3% per month, which was higher than the experts' expectations, Dominance Tether reached its target in the previous analysis (please see the previous replays) and is currently completing the BAT harmonic pattern in the 4-hour time frame, which is the condition 8% resistance break and the end of its movement can be up...
Hello traders! As we have predicted in the previous analysis that #Nasdaq will touch 11500-12000 and look what we have after two days consecutive huge bearish rally! Now at this point Market is touching Its previous low (MAY) Support (i.e. 11824) which is just above its may lowest (i.e. 11487) So now from this point what we looking for! There are two scenarios...
NASDAQ:AAPL had a great run up last year. It had respected long term trendline support very well. It tried to break the trendline in March 2022 but faced a strong buying pressure at 150 level. Buyers jumped in and took the price back above the trendline. Price ended up making lower high which shows weakness in bullish momentum. Price reversed strongly and broke...
Trying to ignore the Bearish Gartley and stick with the Bullish Bat pattern... Anything below these levels will be a whole different ball game... Crypto's have the best RR for long positions since late July. "The Bat pattern is a precise harmonic pattern that I discovered in 2001. The Bat pattern is probably the most accurate pattern in the entire Harmonic...
Price on gold has formed a textbook harmonic bat pattern and price is contracting in the entry zone forming a falling wedge pattern . A breakout and retest of the wedge should give you a cleaner set up for the buy with smaller stop loss to reduce risk and put you in instant profit
Currently , NSE:RELIANCE is taking support at the dynamic trendline. It has already been activated Harmonic Bat pattern with PRZ level 0.886 at 2204. BUY : If It is continue falling then Buying opportunity will only happen when price holds at 2200 and makes confirmation candle or price has to hold above 2500 level with breakout candle. SELL : Level of 2400...
Price is trading below the 50MA. Failed to break the All Time High and make lower high at 88.60% of AB. 2 years trend line is about to break.
I do think the DXY looks like it can go up. But I would like to see some pullback, completing the bullish harmonic with a higher confirmation low would make me more confident in a rally. These are just my thoughts based of TA. I do not claim to be a professional trader, I am just practicing and sharing my thoughts like a logbook. Essentially sharing my journey as...
I'm feeling bearish short term as is the overall crypto market right now, but if the pattern completes or if it bounces on the 1st support marked in the chart, it's going to explode back to the upside. I bought spot at triangle support and am still holding. BEPRO has massive potential. Not FI and DYOR.
A B point that is less than a 0.618 retracement, preferably a 0.50 or 0.382 of the XA leg, defines the Bearish Bat pattern