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Bearish Bat

DXY Hidden Bearish Divergence close to ResistanceThere's a lot of uncertainty in the markets right now, hence the spike in the relative value of the dollar. A lot of investors in the world are flocking to the dollar. They believe a crash is coming and best believe it is but not before the biggest blow off top ever. The meltdown will be devastating but not until you see crude oil reverse. Crude oil bullish move is just getting started. Don't be shorting this market, you will most likely get burned.
TVC:DXYShort
by FreedomBuilder
Potential 🦇 Forming USDCAD We have a potential bat pattern forming on the Daily between the weekly HL,LL, we're currently on a weekly downtrend so any pullback on the daily is to fill the weekly gap. Price is currently bullish and ranging on the Daily so I'm looking for price to break the daily highs but first to potentially drop (Filling some imbalaces left over from the previous push) but staying within the Daily Bullish Structure before then breaking the daily highs. Let me know your thoughts!
Long
by ProFxAI
GBPJPY - Bearish BatIf you have engaged after this candle closed. It is a great call. And this is why you should have engaged in the trade. 1. It has reached the completion price of the Bullish Butterfly Pattern(cyan). 2. Bat Pattern consolidation at D, but fail to break and close above Point X of the Bat Pattern and that is a good sign. It attracts structure traders to hop in. 3. Long shadows appears, showing a strong rejection of the Bearish Bat Pattern. 4. RSI Divergence is a good sign of GBPJPY weakening.
Short
by RaynLim
EURJPY - Bearish Deep Crab HOP LevelA Bearish Deep Crab pattern has touched the D-Point completion at 132.45. Counter Trend traders can consider engaging in the trade. Conservative traders can wait for 1) Further consolidation and make sure it didn't break and close above 132.77 for a shorting opportunity. 2) Wait for consolidation to happen at 133.60 for a shorting opportunity as a second chance entry for a shorting opportunity. That level coincides with the daily chart bearish bat pattern.
Short
by RaynLim
BTC possible bearish Bat patternBTC has been drawing lower highs and lower lows for the past few days suggesting the presence of a bear market. Furthermore, the coin appears to be drawing a large bearish bat pattern. The RSI is also largely overbought. In my opinion, the coin has just pumped to take out stop-loss from short traders. I expect a continuation from the downward weekly momentum and suggest we could be close to a local high. Short between 47k- 48k Stoploss: 49.2k Take Profit: 44k, 41k and 38k
BITFINEX:BTCUSDShort
by polock
1
Bearish Divergences - Bearish Bat When looking at Bitcoin in the 1H timeframe we have formed a couple of bearish divergences (1 Hidden 1 Regular). We have also formed a bearish bat gartley pattern. We are also coming upon quite heavy resistance (44.5K). Taking all of which into consideration, it seems Bitcoin will struggle to move above this current price range. If it does reach 44.5K I think that would be an excellent short entry. Thank you for viewing my post. If you like these kind of ideas, I kindly ask that you follow me for more! Thanks!
Short
by Nutty_Trader
10