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Bat

AUDUSD 2H Buy longAUDUSD 2H Buy long Reason for going long:Chart trading system (up channel ) + Harmonic pattern (bullish bat pattern) + Volume distribution trading system +SMC order block strategy (bullish order block) + Price trading behavior (waiting for confirmation of bullish candlestick pattern)=Going long The entry level for AUDCAD is around 0.92000,and the stop loss level is set at 0.91800. The first target is around 0.92786,halving the warehouse and promoting protection. Look around 0.93300 for the second target position,then halve the position and push for protection. Look around 0.93888 for the third target position,then halve the position and push for protection. Follow the tail position and reduce the positin for protection.
Long
by Jasmine-Flower
17
01/10/2024 - XAUUSD - Bullish Bat PatternAs of October 1st, 2024, XAU/USD (Gold) has formed a bullish bat pattern, indicating potential upward movement. Here’s the trade plan: Trade Details: Entry: Based on the bullish bat pattern and divergence in the Potential Reversal Zone (PRZ) Stop Loss: Below support level Take Profit Target: 1:1 ratio Target Price: 2650 Reason for Trade: The bullish bat pattern, combined with divergence in the PRZ, suggests a strong potential for an upward move. The target is set at a 1:1 ratio with stop loss placed below the support level for effective risk management. Disclaimer : This is not trading advice—it's for educational purposes only. Please conduct your own research before making any trading decisions.
OANDA:XAUUSDLong
by Unknown_Trader007
GBPCHF 30 minute short sellingGBPCHF 30 minute short selling Reason for short selling:Chart trading system (downtrend channel) +Harmonic pattern (bearish bat pattern) +Trading Volume distribution trading system +Supply and Demand theory (bearish order block) +Bearish Pinbar=Short selling The current price of GBPCHF is around 1.12629.Go short directly and set the stop loss level at 1.12960. The first target is around 1.12100,halving the warehouse and promoting protection. Look around 1.11500 for the second target position,then halve the position and push for protection. Follow the tail position and reduce the position for protection.
Short
by Jasmine-Flower
1
GBPJPY- Bearish BAT Pattern Harmonic pattern- Bearish BAT pattern GBPJPY pared most of its gain on the weak Pound sterling. It hits a high of 195.18 yesterday and is currently trading around 193.315. Overall trend remains bearish as long as resistance 196 holds. The near-term resistance is around 193.50,a breach above targets 194.25/195/195.97. Major trend continuation only above 196. The immediate support is at 193, any violation below will drag the pair to 192.50/191.50/190/188/185.85 It is good to sell on rallies around 192.78-80 with SL around 193.60 for a TP of 190.20.
Short
by FxWirePro