Bat
USOIL Potential Bearish BatOn the 4-hour chart, USOIL stabilized and rebounded, and the short-term bullish pattern was dominant. At present, we can pay attention to the area around 77.32. After reaching it, we can pay attention to the short-selling opportunities of the potential bearish bat pattern. If the resistance level of 78.25 is broken, the pattern will be declared a failure.
USOIL
SELl 77.32
TP 74.00
SL 78.25
XAUUSD Potential Bearish Bat PatternOn the 4-hour chart, XAUUSD stabilized and rebounded, and the short-term bullish pattern is dominant. At present, you can pay attention to the support near 2407. If it falls back and stabilizes, you can consider continuing to buy. The upper resistance is around 2465. When the market reaches 2465, you can pay attention to the potential bearish bat pattern.
Bullish Bat Breakout: EURNZD Trade IdeaHello traders, I hope you're all doing well. Below is my analysis of the EURNZD pair and a detailed plan on how I intend to capitalize on this trading opportunity.
1. Pattern : Bullish Bat on EURNZD.
2. Completion : The pattern reaches completion at point D, which is approximately at 1.81178 on the chart.
3. PRZ Zone : The potential reversal zone for considering long positions, in anticipation of a bullish reversal, spans about 100 pips, ranging from 1.8185 to 1.80758.
4. Target Levels : Post-reversal, the targeted levels are T1 at 1.83131, T2 at 1.84192, T3 at 1.84952, and the extended target T4 at 1.86495.
5. Entry : I am looking to confirm a breakout above the 1.81849 price region upward, with solid market support for going long before entering the trade.
6. Invalidation : Should there be a break and a close below 1.80758, this would invalidate the pattern and the associated trade idea.
This idea is potentially a 4RR trade idea if it goes as planned.
I will appreciate your thoughts on this idea.
Note: This is not a financial advice.
Cheers and happy trading!
USDCHF Bullish Bat PatternOn the daily chart, USDCHF stabilized and moved upward after testing the previous demand zone, forming a bullish bat pattern in the short term. Currently, attention can be paid to the support of 0.8500-0.8530 area. If it falls back and stabilizes, you can consider buying. The upward target is around 0.8666, and the upper target is around 0.8612.
USDCHF - strong technical support- SNB is expected to continue on cutting rates
- US10Y - CH10Y = 3.42 and is reverting up
- CHF is considered a safe haven, but I believe USD is stronger in this regard
- the price formed reverted HAS pattern and Bullish But Pattern
- if we observe the price respecting the support, it may be the opportunity for LONG position
Just my humble opinion, no recommendation
H_12 DXY Long The Dollar Index moves to the fifth wave. Right on the fifth wave we have the FVG including the bat pattern of the D leg.
This results in 3 confirmations for a long entry.
If the correlation between EUR USD and CHF USD is 1:1, there are good opportunities for short EUR USD and long for USD CHF.
ENTRY, TP 1 & TP 2 and SL is shown on the chart.
Wish everyone a good start into the new week.
I would be very happy about your support...
Good luck :)
NZDUSD bullish bat patternOn the daily chart, NZDUSD stabilized and rebounded from the low level. In the short term, we can pay attention to the potential bullish bat pattern. At present, the upward target of NZDUSD is 0.5970, which is the ratio of 0.382 of the CD band. After breaking through, the upper target is 0.6040, which is the ratio of 0.618 of the CD band. If the price falls below the previous low of 0.5852, it will continue the downward trend.
XAU Fake Forex ForecastWelcome one and all to another bullshido episode of fake forex forecast.
After a 2 weeks break in the magnificient sunny island in my dreams, lets wreck some havoc on the chart.
This morning correction distro phase threw alot of buyers in disarray, creating a nice range from a sluggish monday afternoon blues. Tuesday morning looks like hairy bear movement, with current price already approaching it's EQ.
Looking for a retracement back into a breaker before skyrocketing it up thanks to a speed bump JOLT in the US session later.
To the moon, or burst !
Bitcoin Analysis==>>Bat PatternBitcoin is currently moving in an Important Resistance zone($68,000-$66,170) , which it has tried to break several times.
It also seems that Bitcoin has succeeded in forming a 🦇 Bearish Bat Harmonic Pattern 🦇.
I expect Bitcoin to drop to at least the Lower line of the Ascending Channel .
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
XAUUSD Potential Bullish BatOn the 4-hour chart, XAUUSD is currently falling from a high level, and the short-term bearish pattern is dominant. At present, the market can pay attention to the resistance of 2390-2400 area. If the rebound is blocked, it may continue to fall. The support below is around 2350. After breaking through, it may go to around 2315. When XAUUSD reaches around 2315, pay attention to the potential bullish bat pattern.
buy at zone - swing pickENTRY
- lines marked below is potential reversal zone ( PRZ)
- entry is strictly inside the zone
- look for buying confirmation in smaller time frame ( 15 minutes preferred )
EXIT
1. target
- mark fib retracement from C to latest swing low
- TGT 1 - 0.236 fib level
- TGT 2 - 0.382 fib level
- TGT 3 - 0.5 fib level ( preferred target )
2. SL
- candle close below (PRZ)
- if u didn't get confirmation inside the zone , ignore this pick
- if candle close is below zone , this pattern becomes invalid . IGNORE THIS PICK
- RE-ENTRY can be done , if u again get buying confirmation inside the zone
NZDUSD Potential Bullish BatOn the daily chart, NZDUSD is fluctuating downward in the short term, and bears have the upper hand. The current downside target can be seen around 0.5894. After reaching it, you can pay attention to the potential bullish bat pattern. In addition, this position is in the previous demand area.
AUD/CAD has been showing bullish momentum recentlyThis technical analysis outlines a bullish stance on AUD/CAD, focusing on buying opportunities at discount levels with risk management through stop losses and profit-taking at the potential reversal zone identified by the Bat pattern. Traders should monitor price action and adjust their positions based on emerging market conditions and price movements.
Always consider current market conditions, economic events, and geopolitical factors that may impact currency pairs when conducting technical analysis and making trading decisions.
buy at zone - swing pickENTRY
- lines marked below is potential reversal zone ( PRZ)
- entry is strictly inside the zone
- look for buying confirmation in smaller time frame ( 15 minutes preferred )
EXIT
1. target
- mark fib retracement from C to latest swing low
- TGT 1 - 0.236 fib level
- TGT 2 - 0.382 fib level
- TGT 3 - 0.5 fib level ( preferred target )
2. SL
- candle close below (PRZ)
- if u didn't get confirmation inside the zone , ignore this pick
- if candle close is below zone , this pattern becomes invalid . IGNORE THIS PICK
- RE-ENTRY can be done , if u again get buying confirmation inside the zone
buy at zone - swing pickENTRY
- lines marked below is potential reversal zone ( PRZ)
- entry is strictly inside the zone
- look for buying confirmation in smaller time frame ( 15 minutes preferred )
EXIT
1. target
- mark fib retracement from C to latest swing low
- TGT 1 - 0.236 fib level
- TGT 2 - 0.382 fib level
- TGT 3 - 0.5 fib level ( preferred target )
2. SL
- candle close below (PRZ)
- if u didn't get confirmation inside the zone , ignore this pick
- if candle close is below zone , this pattern becomes invalid . IGNORE THIS PICK
- RE-ENTRY can be done , if u again get buying confirmation inside the zone