Hello and a warm welcome to this analysis on BANKNIFTY Bank Nifty in its hourly time frame has activated a Bearish Alt Bat suggesting the possibility of a decline till 37250-37000 as long as it does not trade above 37425 spot levels,
Bearish ALT Bat in Luna Futures. Pullback on XA : 1.13 Fib. Point
BAT has been good but i think it's time for it to cool down and perhaps make a 78.6% retracement. We have a Bearish AB=CD and a Bearish Alternate Bat Pattern at a confluence zone between the 1.13 and 1.272 Fibonacci extensions and Bearish Divergence on the RSI with the reciprocal downward target pointing towards the 78.6% retracement from low to high.
We may see it bounce here at the 100 percent retrace due to the divergence but if it doesn't then will try again at the 1.13 retrace.
Despite the "metaverse" rally lets see how this coin handles a Bearish Alt-Bat.
We have a volume spike at the PCZ of a Bearish Alternate Bat pattern on the weekly and i will be looking to fade this move by buying the 17 DC 21 25 PUTS here.
We got a bearish Shooting-Star reversal pattern at the pcz of a bearish alternate bat pattern and rsi bearish divergence
This Alternate Bearish Bat in the GOLD(XAUUSD) shown chart exemplifies the structure of the pattern. The 0.382 retracement at the midpoint (B) was the indication of an extended 1.13 XA projection as the defining harmonic resistance level 2075 of high. The extreme BC projection effectively complemented the 1.13 XA extension to define the precise area...
Hello traders. I see a bat pattern or alternate bat pattern and rsi divergence on the usdcad h1 chart. I think the price will go up. Good luck everybody.
A Harmonic Pattern that is fit the criteria of a counter-trend trading setup on the CADJPY has been established. This is not your usual Bat Pattern but a Fib3 Bat or some called it the Alt Bat which works fine with me. I'm waiting for the candlestick confirmation to decide should I be shorting the Bearish Bat Pattern on every hour candlestick close.
Hello traders. I see an alternate bat pattern in the chfjpy h1 chart. I think the price will go down. Good luck everybody.
Lets see if we can get a major reversal off the 1.13 this time.
On daily time frame it has made a Bullish Harmonic Alt Bat pattern suggesting a bounce back till 290-320. The pattern gets negated below 260
ETH has made a 1.13 retracement and was rejected pretty clearly. This maybe the starts of a Partial-rise which will lead to a break of this broadening pattern and would atleast take ETH down to around $2600
it form a completed wolf wave pattern and alternative bat harmonic pattern that will make it fall down i think it will full down soon
Going to target $65 for this one so long as we can get below $100 and stay below $100 this should play out very well.
M&M very interesting candidate to watch, Harmonic showing Anti Shark at suppy zone where as it also gave neckline breakout of double bottom.
The stock formed alt bat pattern on its 15 min chart, suggesting a supply zone around 337-340 levels, which was further confirmed by the price action that the supply does exist there. I am considering New Buying either above 340 levels, or at the support levels if the stock retraces some of its previous move from 310- 336. Strong support stands at...