Type2 Bullish Bat setup along with AB=CD pattern with RSI Divergence and not just that a buy zone reversal and the candle 'check-back' isn't this fantastic. Well, the only thing that wasn't that great is having such a high volatile black candle and head in for a countertrend trade doesn't look like the smartest move right? Perhaps is what we say about the...
Is not just a crab pattern but a deep crab pattern with a type2 bullish bat within the buy zone. A great consideration for a trading opportunity but I will leave that decision to you. Happy Friday.
A bearish bat pattern shows up in GBPAUD 4-hourly chart. It is a type 2 retest of the bat pattern with RSI Divergence, not to mention it trial near to the previous sell zone. Great consideration for countertrend trade especially for traders who had missed the previous entry opportunity.
A bullish crab pattern setup for a countertrend trading opportunity. The retest of the support line nicely touched the previous support and rebounded. Traders who have missed this entry can wait for a retest of support of low of the candle body to engage the trade.
Miss the 1st engage opportunity as I was conducting a workshop, didn't see this coming, I will wait for a retest to ride this trend-trading opportunity on this 1hour timeframe.
The Crab pattern completed about a week ago and now price is back at the PRZ again. I like that there is a current falling wedge forming at support too.
entry type: instant entry at around 1.31700 leve TP: 1.29500 SL: 1.33250 Any updates would be available below. cheers and happy trading
EURCAD completed the Deep Crab pattern and price reacted to the PRZ. Let's monitor and wait for a Type 2 entry
NZDUSD is retesting the PRZ of the big daily bat pattern. This is a classic type 2 reversal, it has reacted at the PRZ. Trading the daily timeframe requires good risk management, never risk more than 2% of your equity at all times. These are the levels I am monitoring. EP 0.69 SL 0.6750 TP1 0.7060 TP2 0.72 Good luck and good trading!
Traders I hope you're having a good week so far, today I'm bringing you a trading opportunity on the daily timeframe for NZD/USD. We're looking at a bullish bat type-II retest as the initial reversal in the PRZ was short lived. I believe once we can confirm this reversal it'll go the full way. The measurements for a valid bat pattern are detailed below. B:...
Have a look at NZDCHF. Earlier Shark entry actually hit TP1 and bounced back up to the entry levels again. Now we are in for a Type 2 entry. Also on the H1, you should be able to measure out a bearish Bat pattern to go short too. Next week is the Christmas week, I believe that the market will be slow. Let's track this one and see how it plays out next week, else...
EURJPY completed a bullish Crab pattern, bounced off the PRZ and has now come back to the same levels again. Taking a long with a small 45pip SL. Entry : 128.75 SL : 128.30 Leave the targets open for now.
I was eyeing this Bearish Shark yesterday. I guess the Article 50 completed the patterns and it reacted to the PRZ. Pattern Identification The bearish Shark completed yesterday when the price went up to 1.2420. It immediately reacted to the levels and dropped. Now there is a smaller bearish Bat (in green) completing at the same level 1.2420. Also a Type 2...
Shorted the pair based on the earlier bearish Shark pattern. The retracement hit my protective stop loss. now possibly looking for a Type 2 re-entry or a test of the support turn resistance Trend Line
The bearish shark pattern completed last week now we could see a retest of the highs for a Type 2 harmonic pattern to short. Paying close attention to the 0.9940/50 levels
The pair completed a bearish Shark pattern last week and I missed that trade. This week it has came back for a Type 2 retest. As I was preparing my midweek analysis of the market on our HarmonicForex.com website, I might have missed this trade AGAIN. Apologise for this late idea. Lets see if it comes up to retest 1.2980/1.3000 levels again