Cable is bouncing around some important MA's on multiple time frames. I like the resistance above current levels so a short is appealing based on R/R. TP at bat completion. Cheers
A bullish bat pattern is about to complete, RSI is already at oversold level. PRZ is at a good support level. Not ambitious on this on as the Commitments of Traders reports on USD shorts have risen. DO note that federal funds rate and NFP announcements will be released this Thursday and Friday. Please trade with caution. R:R at 1.8. Good luck.
Hey traders, On the EURUSD we have a potential harmonic pattern. It may already have been completed though. However, I want to wait until it gets closer to the 38.2% Fib retracement for a better risk to reward ratio.
Bullish bat harmonic on TRSTBTC. Hitting the 0.786 fib retracement on the way down of previous move up. Looking for a target of at least 0.618 of the retracement of the move down which also has a gap.
Bat Advanced formations x2
CADCHF - H4, Potential Bullish Harmonic Pattern
2 targets for USDJPY. SL below the X leg good luck ;)
Spotted a pattern on 30-minute chart. A potential bullish bat pattern is completing soon, RSI on its way to oversold region. R:R at 1.5 (TP1) and 2.5 (TP2). Good luck.
D Leg complete. Long to 110.00
Risk/Reward close to 2, Pattern has hit. Valid Bat pattern: A = .382 -.5 B = .382 - .886 C = 1.618 - .886 D = .886 I learned to trade at sixfigurecapital.com
AMD, Set buy stop bid order with other cancels other for target/stop, still learning. Im fighting the trend so Im not sure if this will follow through so lets see what happens. Buy Order: 12.00 Target: 12.50 Stop: 11.75 Time Frame: Tomorrow end of day
A bearish bat pattern might be forming, RSI is halfway heading towards overbought level. PRZ is at a good resistance level. R:R at 1.8 (TP1) and 3.2 (TP2). Good luck.
Price is at .618 level of the major move, completed a big bat pattern. There is one aggressive and one conservative entry in and out of the tri-angle with the final target at 0.77 area.