Bearish Bat on AUD/USD Bearish Bat completion at 0.76870, planning on short at this level and look a for a trend continuation.
Bearish Bat
NZDUSD - Bearish BatA bearish bat pattern forms up as a counter-trend trading opportunity. One thing I love about this pattern is that the completion of the pattern is at the previous structure consolidation. The concern I have on the bearish bat pattern is that Point C touches A which denote as a warning sign for the harmonic patterns traders.
EURJPY - Bearish BatLast week I have reminded you guys on a shorting opportunity on this Bat Pattern and I hope that you didn't miss the 90pips bear run which is approximately 900USD/lot traded.
In my Video Analysis, I did speak about buying on the trendline as long as the candle didn't break and close below it, that gives you an 80pips of running profit at this moment that will give you an approximate 800USD/lot traded.
At this moment, I'm watching closely on the red line, as long as it didn't break and close above the red line, I'll head in as a type2 bearish bat setup, I will also watch closely on how the candle react on the trendline.
BTC. Will the price make its last correction before going to ATHHello Traders. There are two possibilities for bitcoin from my perspective.
1.- Price must meet corrective Sub Wave C as part of Wave Z. A complex triple combination correction
2.- Wave Z has already been fulfilled with a Zig-Zag. We are now in new Wave 1 to search for new historical highs (There was a channel break)
3.- Formation of a Bearish Bat Harmonic Pattern
In this analysis I decide on option 1. If I am wrong, it is part of trading to make a mistake and we will ride the new bullish wave.
I wish you have an excellent trade.
If you liked it, give me a Like. Thank you
$BTCUSD - Perfect bearish bat to watchHi guys! 👋🏻
🔔 There is a Bearish Bat pattern being formed on a 4H chart of Bitcoin.
🔔 Do not use this setup to trade, I'm not a professional harmonic pattern trader. Just want to test this idea.
🔔 I still am bullish on Bitcoin and the impulse of February 1 is yet to complete, although going long at this level is pretty risky. Waiting for a signal.
🔔 At the level where Bitcoin is I believe it should correct a little bit before the next impulse.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
Bearish Bat PatternUSDCAD BEARISH BAT PATTERN
Market Sell Order Set Up.
Sell Entry: (1.28552)
Min Take-Profit: (1.28156)
Max Take-Profit: (1.27861)
Stop-Loss: (1.29012)
Max Risk-Reward: (1.50)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
Bearish Bat PatternGBPAUD BEARISH BAT PATTERN
Market Sell Order Set Up.
Sell Entry: (1.79757)
Min Take-Profit: (1.77810)
Max Take-Profit: (1.76422)
Stop-Loss: (1.81357)
Max Risk-Reward: (1.50)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
EURJPY - Bearish Bat(1Feb2021)A Bearish Bat Pattern setup on EURJPY provides a counter-trend trading opportunity. I'm waiting for a check-back(retest) for the shorting opportunity.
BOEING (BA) | Short-term pessimist, long-term optimist (Part 2)After selling all my shares last month, I'm back again to this crap for the same damn reason:
Possible bearish bat and gartley pattern - Looking for Point-D
+ Bullish flag pattern
+ Symmetrical triangle
+ 1W 20MA Support
+ Short-term pessimist, long-term optimist. Aviation industry will definitely recover after covid19
+ Good Risk/Reward entry for long position
- Boeing 737 Max scandal, Covid19, Earnings report, starliner fails
+ Plan your trade per your risk tolerance
Here's my previous chart:
Bearish Bat PatternNZDJPY BEARISH BAT PATTERN
Market Sell Order Set Up.
Sell Entry: (74.983)
Min Take-Profit: (74.490)
Max Take-Profit: (74.169)
Stop-Loss: (75.425)
Max Risk-Reward: (1.84)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
POTENTIAL SHORT (BEARISH BAT APF) H1 TF)POTENTIAL SHORT (BEARISH BAT APF) H1 TF)
*W4C IS THE BEST WAY TO ENTER
Abbreviations / Keywords:
LTF - Lower Time Frame
HTF - Higher Time Frame
TF - Time Frame
TRS - Trend Reversal Strategy
CRT - Counter-Retail Technique / Break-out
APF - Advance Pattern Formation
W4C - Waiting for Confirmation
LLCC - Lower low, lower close
HHHC - Higher high, higher close
SL - Stop loss
TP - Target Profit
POR - Point of Ruin
RRR - Risk Reward Ratio
Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to loss..
#ATOMUSDT Bearish Bat - HamornicsGreen box represents target, 88.6% fib a more exact target (but anywhere on green box could be done)!
There's a good confluence with harmonics and classic TA here...
- First of all ATOMUSDT broke up trend line and flipped S/R 23.6%
- Bearish OB on top is a perfect match with 88.6% fib - potential reversal point
If price crosses the current high (X) then this pattern should be invalid as that's where your stop-loss will be (above X) for a short setup once D is achieved.
Looks pretty solid and ATOM has history with Harmonics!
NZDJPY - Bearish BatA consolidation that happens near the Bat Pattern completion often signals a warning sign. That being said, I will look closely to the pattern completion, the only thing I will not do is to place a Sell Limit order for the trade.
USDJPY-Weekly Market Analysis-Jan21,Wk4An emerging Bearish Bat Pattern formation completes at 104.00. Although it is a nice Price Action Level, it may violate the sideway consolidation upper-trendline.
That being said, on the 1hour chart, it can have the bearish bat formation and not breaking the integrity of upper trendline as long as the market turns and close below the trendline before the close of the 4-hours candle.
I'm looking at a bearish Dollar on the short-term.
Bitcoin could to form a bearish channel; but bullish to hold!!!In this analysis, this it's another update of the chart that Bitcoin it's continue down in H4 timeframe. And that what I selected in red circle this it's an theory that price action it's show a bearish candlestick group.
Now if you see in H4, this it's so bearish for the crypto market. But if you see in the chart like H1 or H2 timeframe, you can to noticed that Bitcoin it's below of the EMA 200, that mean that Bitcoin it's in the bear trend.
And that, it's the H8 timeframe and it's bearish too.
So, in general, I'm short Bitcoin from the $33,000 USD. Remember, if you follow me my signal that I post in my past Bitcoin analysis. Now, if Bitcoin doesn't break down the support of $28k, we could to formed a bullish setup channel for Daily chart that show us that Bitcoin it's prepared to go up and then, we could to considered to hold Bitcoin in this long position above of $28k, But if in any case Bitcoin doesn't support the $28k, we could to have a probable more drop toward 25,700 USD and included $22k, but for that bear scenario, I hope a break down of $28k Ssupport to re-continue sell Bitcoin toward the $22k.
That it's my own plan!!!
So, we hope that Bitcoin continue down toward the $28k, that it's my support key to considered that Bitcoin it's need to stop the down.
Bitcoin Bull Run Possible ScenarioMonthly chart shows you a bearish bat with possible targets for the new bull run. I can see a retrace one more time (after US election results?). It all depends on what covid19 will bring to the table for the next 6 months... rest will be history again.😊 Please feel free to comment below if you have any further questions or if you see something different. Cheers! 👍
USDJPY-Weekly Market Analysis-Jan21,Wk3USDJPY has been on a bearish run and if you are looking for a shorting opportunity, you might be interested to look at this trading ideas.
A Bearish Bat Pattern completing at 104.07 will be the earliest level for traders to look for a shorting opportunity.
BTC 4H Updateafter BTC Recovered its price again above 30K we can see great move to get 40K back and it breaks now the dynamic trend line ... but it could be a trap to whale sell their BTC in good profit level an they dump price again so be aware about that.
also we can see possible BAT pattern in chart which will end at around 40 and 41k and make a correction to fibo level that i mentioned in chart .
in the other hand if price could stabilize above the PRZ zone could make a new ATH again around 50K.
the market is in very risky situation now ... so deal with it wisely :)
GBPJPY - Bearish Bat on Sideway BounceA bearish Bat Pattern appears on the 4-hourly sideway bounce formation. I've almost missed this trade as there's a gap down with a different candle on Point C that's painted on my Live Trading Account on my MT4. It is a good practice to cross-check your charts on Monday especially when there is a gap, these are good practices of a trader.
I've engaged the trade as the trading setup gives a very tight stop with a great profit projection.
CADJPY - Bearish BatThis Bat Pattern is quite a highlight for me. I'm waiting to engage this trade only after Monday 11Jan21 1200hr(+2GMT) which is 6pm Singapore time. The preferred entry price is at 81.94. A lot of people may know harmonic patterns but they aren't aware of the rules and filters that's why the results that they are getting are not optimal.
The best part of this Bearish Bat Pattern is that if it works, I may have a target stretch out to the Bullish Gartley Pattern formation on the daily chart. Look at Point C, I'm highlighting it not because of the Bat Pattern completion on the 4-hourly chart, it is more of it violating 1 of the rules of the Gartley Pattern, with that the market may fall through the Gartley Pattern and may even form a Crab Pattern, that would give me a potential target of 533pips that is looking to fulfilled as early as 26Feb2021.
EURUSD - Bearish Bat PatternNice gap up from market open today, and right now the market hit the consolidation zone within the bat pattern. It's a great area for traders to consider for a shorting opportunity as a counter-trend trading trade.
