1. Small Elliott2 =Entry 2. Higher High => Up Trend 3. Alt Bat Bullish Prz 113% CL1! cl2! FOREXCOM:WTIUSD usoil
1. Bullish Reversal Pattern Morning star Candle 2. Bullish Harmonic pattern Alt BAT 113% CL1! cl2! usoil wtiusd
Today we are looking at a bullish alternate bat on the 1D chart with CHF/JPY. With price creating a lower low, we can expect price to makes it's way down to D point an reverse. Alternate bats are a powerful pattern, and indicate huge trend reversals. Risk Ratio - 1:6 The measurements for a valid alternate bat pattern are detailed below. B: 0.382 C: 0.382 -...
Hello Traders, I have spotted alternate bat pattern on GBPUSD hourly chart. Potential Reversal Zone (PRZ) overlaps with previous structure support. It looks like a high probable area for reversal. This potential set-up has a risk/reward ratio of 1:1.4 for Target-1 and 1:2.2 for Target-2. Follow this idea for further updates. Happy Trading.
Hey guys, if you have been following my analysis, there is a trend you will see. 1. I always follow up on my analysis 2. It is systematic with a proven trading system which is Harmonics + Price Action Observation 1. NFP failed to push AUDUSD to my short target around 0.7750. 2. It created a nice double top which also has a bearish divergence in RSI Pattern...
Wait for price to hit Point D of the Bullish Alternate Bat and For RSI BAMM to be Confirmed with divergence and go long on this. RSI have to go lower than the 30 level marked with a green line but not lower than the previous low marked with a red circle on the chart.
Bearish Alternate Bat Setup Complete Tp1 0.382 Fib Retra AD Tp2 0.618 Fib Retra AD
Here we have a beautiful high probability bullish setup A nice bullish Alternate Bat setup Potential Half major price rejection at 1.25000 Potential target 1 at the Minor price at 1.26000 Trade safely guys ! (For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)
Here we have a beautiful high probability bearish setup A nice bearish Alternate Bat setup Potential Minor price rejection at 54.00 Potential target 1 at the Larger price at 52.45 Trade safely guys !
#EURUSD 3 Harmonic Patterns Completing in Same Area EUR is bearish as DXY is still going up.
Hey Traders! Long night... Here is a quick update. This is a great example of why EW analysis will aid in your harmonic pattern entries. We know that the bearish impulse is not complete and the bullish reversal has not yet begun. This can be seen clearly by a series of bearish impulse waves that have not yet completed a 5-wave pattern. Therefore, it would not...
Bearish Alt Bat. All 3 levels tested and showing a nice Type 1 reaction on both RSI and HSI. Targets at AD 38.2% and 61.8% SL at 1.3253
The Shark I talked about is definitely finished right now. The TL at the bottom seems not to hold. On the daily chart, there are several possible patterns to note (sorry about the messy chart), the ratios are pretty nice 1. AB=CD TP 1.25380 2. Bat TP 1.25436 (pretty tight with AB=CD pattern, so there should be a strong PRZ around 1.2540) 3. Alt Bat TP 1.23662 4....