Humana has broken the BAMM trigger line of a Harmonic Crab pattern and is now breaking below the $387-$375 support zone. Harmonically, we would expect to see an accelerated move down to the 1.618 PCZ aligning with the $215 price level and it could even go as low as the HOP at $152. For the time being, I will be getting very wide Bear Call Spreads with the intent...
Blackstone is about to confirm a Bearish Evening Star Doji on the Monthly Timeframe today and is about to break down from its RSI Channel. This could then escalate into a Bearish BAMM on the Macro that would take it all the way down to the 0.886 Retrace around $30.00
BlackRock has some Hidden Bearish Divergence across a few notable time frames and is below many of the major Moving Averages after Bearishly Pivoting at a 618 Retrace, if we can continue down from here we will eventually break below the B Point and go for a Full Bearish BAMM break down to the 0.886 Retrace at $161.72
Last week i posted about this Potential BAMM and Bear Flag Breakdown on ETH that would take us to the 1.618 Fibonacci Extension if real and now this week it looks like we are confirming the BAMM Trigger Line as Resistance as the Hidden Bearish Divergence Continues on the MACD. We have a Bearish Engulfing on the Monthly and just recently closed the Weekly below...
This is an update to the original $1100 BAMM target, it looks like we are in a Bearflag with Hidden Bearish Divergence that could put ETH on the path down to the 1.618 Below if the B point is broken.
This is an update to a previous Pottential Shark BAMM Projection i had on the USDT Dominance. It's been several months since posting and in that time the Shark Situation is still somewhat valid as a new high has not been made but i think it looks a bit ugly now. So based off the price action we've gotten recently i will be raising our Potential B point, thereby...
We have cracked below the 5 and 13 Month EMA and are on the way to testing the Potential B level of this Shark. If price goes below the B Level we could see an Accelerated Move down to the 2 dollar area to complete the BAMM.
ARKK has broken through he B point of this potential Bullish Bat and has tested it as Resistance we look to be ready to complete the CD wave to the downside and reach an 88.6% Retracement. I suggest some Near or ITM PUTs expiring around several weeks from now.
EUR/AUD is almost ready to go! Bearish BAMM setup has formed on the 4h chart, providing a trading opportunity with a 1:2.33 risk to reward. BAMM trading setups rely on a valid bat pattern, you'll find the relevant measurements below. XA Retracement: 0.382 - 0.50 AB Retracement: 0.382 - 0.886 BC Projection: 1.618 - 2.618 XA Retracement: 0.886 The time...
Hi guys, I have entered this bearish bamm formation on the GBPNZD. The Bat Action Magnet Method (BAMM) is triggered when the C-D wave of a potential bat pattern has broken the support/resistance of the B point. Price has broken the support at the B point and since re-tested this area as resistance. As most traders will know, support and resistance acts as a...
Today I've brining you all an in-depth view on USOIL, firstly I'll break down the base of my analysis on the 1h chart which shows two setups, bearish bamm and bullish bat. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886 I understand the BAMM theory will be relatively new to...
Wow this is huge! Today we have GBP/USD on the 1h chart with a bearish BAMM (Bat Action Magnet Move) setup. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886 This looks good to short from the current level with a stop loss set above previous resistance. Green area displays the...