Near weekly demand zone => Harmonic bat pattern in 1DTF
- the sentiment now is rather gloomy, but do you think this may come true???
Hello All, There seems to be a confluence of patterns that are all lining up at one point on the charts, 31.1k. The Bat in Red, Shark in Blue, and Butterfly in Purple. There surely will be a reaction at this level. Whether this is a pivot to see lower low's past the 24k mark is unknown. There certainly will be a reaction up here though. Thanks for viewing my Idea!
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- Business sentiment still weak, but first signals of recovery appearing - Investors sentiment rather gloomy, however no more rate hikes expected - All major indices in downtrend and all at important support levels (except HK50) - DAX at Bullish BUT D-Point and at FR 0.382. If support cluster is broken, next one goes down to 14250 and next to 13640
There is a Confluence of a Bullish Butterfly and a smaller Bullish Bat visible on the 5-day and Weekly timeframes on the JXY as the RSI ticks out of the oversold zone for the 4th time at this level while making higher lows each time. It would seem as if the JXY is confirming to us that it has reached a Harmonic Bottom and is preparing to rise up to some of the...
USDCAD presents multiple potential opportunities, with a current focus on a shorting prospect. Weekly Chart Influence: The weekly chart displays a Double Top Retracement, guiding the overarching trading decision. Approach Considerations: While an aggressive trade might opt for an immediate shorting entry, I'm choosing a more cautious...
The entirety of the NZDUSD landscape is signalling a potential shorting opportunity. Technical Insights: The volatility trendline, once a counter-trend reference, has been breached and closed below. Now, we await a retest of this trendline as an entry point for a shorting opportunity. Extended Target: For those inclined, extending the target...
The USDJPY pair continues its strong bullish movement, even on the Weekly Chart, reaffirming the prevailing uptrend. Counter-Trend Strategy: As a counter-trend trader by nature, I'm on the lookout for shorting opportunities. Trade Possibilities: Weekly Chart: A potential Bearish Fib-3 Bat pattern could offer an entry point for a pullback...
Weekly analysis indicates a sustained bullish trend for EURUSD. Trading Strategy: Monitoring the 1-hourly chart for a potential Bullish Bat Pattern with an entry point at 1.0533. Cautionary Note: It's crucial to observe that point C touches point A in the formation of the Bat Pattern. This warrants caution and prevents me from placing a...
- German economy is not in a perfect condition, but markets may neglect the fact (as usually) - Price is contracting, filling the downward wedge (gray lines). The lines cross exactly on the level of FR 0.381 (14'702) - Now, the price is completing the ABC 1:1 correction pattern (at 14975) which seems to be respected. - If ABS is broken down, the next very...
Looks like a bullish bat pattern is forming. Could bottom out at around 64.65 ish. This market seems broken, however GEHC is trading around 15X FY24 earnings. This stock is cheap also with a nice growth trajectory. Looking for a beat on top and bottom for Q3.
System has identified a “B&R” playbook setup and “depletion” entry during the third hour of the LONDON 12-Candle Window. RISK: 1R TARGET: 4R ***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal....
Potential multiple patterns forming for at least one to hit. Thinking that there are so many patterns up at the 29.5k level, this could be a B point for a larger Harmonic move lower. Ultimately the algo bots will see these Harmonic patterns with a certain move down at the PRZ. Whether it stays down is another discussion. Blue = Cypher Red = Bat Green = Butterfly
Sbilife is making harmonics bat pattern The pattern will be confirmed only after touching 1304 If the prices breaks 1325 , pattern will be failed and cannot make any position Have to wait and check for the confirmation If its makes perfect The entry will be @ 1304 Sl @ 1297 Target @ 1315 # educational purposes only
The USDJPY is currently experiencing an upward trend. To capitalize on this trend, I plan to wait for a chance to buy at the Fib-3 Bat Pattern completion on the 1-hourly chart at 149.09. However, it's important to note that both the 4-hour and daily charts show a Bearish Harmonic Pattern that completes at a similar level of 150.41. As such, it would be best to...
Shalom, tradingviewers, from the holy city of Jerusalem! Where I live right now, in the neighbourhoods of kindness. Thanks to the Creator 😀 Its a great pleasure to share my precious insights with you as always. Today, we embark on a journey, where the USD/JPY currency pair beckons with a compelling setup on the daily timeframe: 📌 Technical Analysis Highlights...