1.Completed Bearish BAT 2. CD=1.618 of AB leg 2. Bearish divergences Since we are in a daily chart wait for PA to break out the daily trendline of CD leg and then look for an entry opportunity to short the pair.
1.Completed Bearish BAT pattern 2. Bearish Divergence 3.RSI Overbought 4. Retest of a strong resistance zone
Completed Bullish Cypher pattern on a strong support zone.
1.Potential Bearish BAT pattern 2.Main trend is down 3.Strong Resistance zone 4.RSI Overbought
Completed Bearish Cypher on a Bearish Trend 1.Bearish Divergences 2. Completed Pinbar 2.RSI Overbought
Potential Bearish Cypher pattern on a Bearish Trend. Good oportunity to enter short. RSI Overbought
Completed BAT pattern on daily RSI Oversold 1.618AB=CD CD leg is completed on a strong support zone.
Bullish Bat Pattern 2.272 AB=BC 3.414 BC Projection Potential targets placed on the 0.382 and 0.618 retracement of the C to D move. Stop loss would be placed below X leg structure support. My projection in long term for AUDCAD is bearish. See related post.
Potential Bearish Cypher pattern (yellow) Potential Bearish Bat pattern (red) Potential Bearish AB=CD at CD completion leg of the BAT pattern.
Potential Bat pattern with CD leg completion on a strong resistance zone. TP on 0.382 and 0.618 FIB.Retracement of CD leg.
On the daily (long term perspective) we have a potential Bullish Bat & Crab Pattern completion where the CD leg of the Crab is completed inside the PRZ of the BAT pattern.
Completed Bearish Crab Pattern on Daily 1. Formed long bearish pinbar on H4 2. Pinbar on H4 tested daily Pivot resistance R2. 3. RSI Oversold 4. Bearish Divergences on H4
Back to back patterns 1. Completed Bat pattern on a strong support zone (red pattern) 2. Potential Cypher pattern (yellow pattern) 3.RSI on the Oversold zone *Take profits on 0.382 and 0.618 of CD leg *Stop loss over X points of the patterns
Potential BAT or Gartley Pattern ? We can wait and see which of the advanced pattern will be completed the first. If the Gartley pattern will be completed the first, than we can short it, and the Bat pattern will be canceled. Otherwise if the Bat pattern will be completed at first the we can go Long with the Bat and we have still a valid Gartley pattern. At that...
Potential Structure Trading and Bearish Cypher
Strong bullish trend line resistance. Place stops above X. TP1 at 0.382 and TP2 at 0.618
Potential AB=CD CD near the resistance R2 R2 is in line with 1.272 Fib. Ext RSI indicator Overbought