Bearish_bat
ETHUSDT-4H-BEARISH BATThis pattern is almost completed near a strong level of resistance.
Entry point .... 1329.40
Stop loss........ 1360
tp1................ 1261
tp2................ 1218
Happy trading!!
SPY - Update (From Nov. 2021)Posting an update on the SPY here as the markets closed out the week in somewhat of a make or break spot. The SPY continued to follow the bearish megaphone that it's been holding for months, while simultaneously holding the downtrend stemming from a massive head and shoulders on the SPY's weekly timeframe (See Attached Charts Below). A bearish bat harmonic pattern also formed on the SPY on Friday, as it broke below a strong support level circa $368.27 and closed near its 52-Week low at $362.17. This comes as seller volume continues to outweigh buyer volume as the markets head into a big week economically speaking. In the upcoming week, economic data and events include New Home Sales, Consumer Confidence, International Trade Numbers, Jobless Claims, and to cap off the week, GDP Numbers as well. Treading lightly here, some RSI-based supply and demand zones to keep an eye on in the interim, bearish and hedged-
--Previous Charts Attached Below--
Weekly TimeFrame
Testing Key Levels From 2020
--Previously Charted--
XLMUSDT - 4H - Potential Bearish BatPrice is ranging between a channel.
A potential bat is near completion.
Good R/R ratio
Please like and follow.
Happy Trading!!
