$DOGEUSD Bat Pattern Looking for value area bounce here on $DOGE off 786/886 box.
I will only enter w price action only, I will post exact entry if it gets there. I trade patterns with price action only, I have 0 bias to what I am watching. If it doesn't reach trigger I will not worry at all.
Trigger is 886 but I will watch the box here starting at 786, I play the Bat/ Gartley much the same
TP 1 Take 1/2, stop even
TP 2 Take 1/2 of balance
TP 3 Runner only
Stop below X
Please leave comments, thoughts below. I would be happy to see other ideas, please share yours :)
Bat
Aave formed huge bullish BAT | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of Aave token with US Dollar pair.
Previously we caught a nice trade of AAVE:
Now on a 4-hr time frame, AAVE has formed a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
$SPY Cypher, watching 786 trigger 🎯$SPY has a very clean cypher, I will play this with layered options to control risk. Watching 786 level/ trigger of this cypher and my final target will 886 of the bearish bat pattern highlighted🎯
Calls on watch $SPY 380's, 390's & 420's. Calls will be bought layered @different strikes. I will post upon entry on price action confirmation @ trigger level= SPY$ 361-362.25$ level. Remember to always look left for demand/structure @
trigger level (786 Fib). Please see chart for details
Tp1 Stop is even (382)
Tp 2 (618)
Tp 3 (886 of larger Bat pattern)
Stop Below X
Please let me know your thought's on $SPY
Thanks for looking & Happy New Year to all 🎆
Good luck 💸💸💸💸💸💸💸💸💸💸💸💸💸💸
TrueFi (TRU) formed bullish BAT for upto 11.50% moveHi dear friends, hope you are well and welcome to the new update on TrueFi ( TRU ) with US Dollar pair.
Previously we caught a nice trade of TRU:
Now on a 2-hr time frame, TRU has formed a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
AARTI INDUSTRIESHello 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
West Texas Crude(WTI )....Positive Swans, Bats and Wolfves Picking bottoms particularly recently in the oil (WTI) complex, sometimes produces sticky fingers.
That said, one could build a technical analysis case for a bottom formation at current levels.
A) Longer term we have a completion of a Harmonic Bat. (insert)
B) Shorter term turn we have :
1) A completed Wolfe Wave
2) Black Swan harmonic formation
3) An ABCD formation going back to last August.
4) Oct/Nov double top target hit
5) Mildly positive momentum divergence
So how do you play this.
I would certainly give WTI a chance to find a bottom and advance upward
A penetration of 3 of the Wolfe Wave provides an entry point at $73.65(marked)
Then a Wolfe Wave Target is set up for late January at the $85 area.
Using the Black Swan harmonic we get targets as marked.
If this the best way to play bottoming oil ? Probably not but its a signpost to play your favorite horse.
Please note... Fed activity next week, year end illiquidity and Eastern European events should magnify WTI's volatility going forward.
Good Luck and I will update as needed.
Not investment advice, do your own due diligence.
S.
Bitcoin: 3 Falling Peaks In Harmonic RangeBTC is trading within a Harmonic Range today and while the Bearish Shark did perform well last night, ultimately price has come back up and created a Bearish Bat at the VAH while showing Bearish Divergence on Volatility. As the 89SMA approaches i'd want to see BTC come down towards and break the confirmation line to begin a move down to $16,500-$15,000 to complete the bearish wave down and start fresh on the new week.
AUDUSD - The Devil's TouchSince the analysis is unchanged, I won't be posting on the daily chart; check the link below and see how nicely the candlestick "respected" The Devil's Finger as it reversed on the trendline once touching it. That is the primary engagement method I will execute in my trade plan.
On the lower timeframe trading setup, you can wait for a break and close below 0.6673 for a breakout trading setup; you have to be aware there are a few road bumps along the road(bearish move) 0.6637, 0.6583. etc. If you shift stops to entry too early, your trade will close out without profits.
Internet Computer (ICP) formed bullish BAT for upto 25.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Internet Computer ( ICP ) with US Dollar pair.
Our last successful trade of ICP was as below:
On a daily time frame, ICP has formed a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Synthetix (SNX) forming bullish BAT for upto 17% moveHi dear friends, hope you are well and welcome to the new update on Synthetix ( SNX ) token with BTC pair.
On a daily time frame, SNX is about to complete the final leg of bullish BAT move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
SPY Update: Bullish Trade Idea Still AliveDespite being tempted to exit this trade during the extended hours activity but i'm now seeing a bullish variables during the regular session such as a Bearish 3 Line Strike at the 88.6% retrace and it's coming off of oversold conditions on the RSI so im adding to my UVXY and TZA puts and shorts and staying long the SPY.
WTI USOil Setting for Short Trade?FX:USOILSPOT
TRADE PLAN
INSTRUMENT: USOil
TIMEFRAME: DAILY
DESCRIPTION
Although fundamental drive illustrates that OPEC+ will cut oil production by 2mil barrel a day going forward, our Technical Outlook suggests that USOil Price will continue to fall untill we arrive at 70.00. The current rally appears a sentiment drive.
We will look to short the market when price visit a 55EMA with some confirmation to short for completion of Daily Bat Pattern.
Updates to follow.
Disclaimer
Charts are educational not investment recommendations
AUDUSD - The Devil's TouchThe Devil's Touch, YES, I called it!
I'm waiting for a shorting opportunity the moment the market retest the red trendline but not closing above it or when the market break and close below the red trendline, although a retest of the Bearish Bat Pattern would do just fine.
What is nice about this setup, is that, there is a RSI Divergence within the setup.
Divis Laboratories potential Breakout ?The idea here is about Divis Laboratories:
Divis Laboratories Ltd is engaged in the manufacture of Active Pharma Ingredients (APIs) and intermediates. The company in a matter of short time expanded their breadth of operations to provide complete turnkey solutions to the domestic Indian pharmaceutical industry.They are actively involved in developing alternate, patent non-infringing processes for APIs, for the inventors to manage late life cycle and leading generic drug manufacturers.
My view is neutral at the moment for the below observed technical factors.
Points as per TA on a Weekly Chart:
1. Current market condition isn’t been good due to high volatility back in action any trade entries should be done very carefully and cautiously.
2. BSE 100 ( Divis lab included in) has lost 272.58 points on 11th Oct 2022. However, daily candle indicates it can still bounce back as Anti butterfly harmonic pattern observed as per below:
3. Currently under downtrend channel on a weekly chart as per below:
4. Contracting triangle formation inside downtrend channel as per below:
5. Bearish Bat harmonic pattern CD leg in progress at the time of publishing as per below:
6. Trading way above 200 EMA & below 20 EMA on a weekly chart.
7. Ichimoku Cloud analysis: Kumo Breakout strong downtrend & Kumo Twist weak trend on weekly,monthly chart is Strong for an upward momentum for Kumo breakout & kumo twist on daily both are strong downtrend at the time of publishing .
8. RSI is at 37.55 on a weekly Chart and 35.05 on daily chart at the time of publishing.
9. MACD above signal line on weekly & below on daily chart.
10. Hull Moving average and other moving averages on a daily,weekly chart is strong sell & monthly chart is a sell.
11. ADX (Average directional index ) trend strength is at 28.42 on a weekly(ADX between 25-50 is a strong trend) and 14.13 on a daily chart which indicates a absent or weak trend (ADX between 0-25 is a Absent or weak trend).
Long Entry : if the price breaks above contracting triangle & breaks downtrend.
Short Entry : If price breaks below the contracting triangle and support zone.
Projected Target: provided in the chart as per bearish bat Crab harmonic pattern.
Stop Loss: Enter only if it breaks downtrend & contracting triangle.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
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Channel Up and M Pattern (Bullish Bat)This is an example of Channel Up and M Pattern (Bullish Bat).
Found that M Pattern (Bullish Bat) within Channel Up.
Pattern already touches PRZ (orange) and completed TP1 and TP2 (lime).
Indicator used :
1. Regression Channel Alternative MTF
2. HH-LL ZZ
3. XABCD Harmonic Pattern Custom Range Interactive