If you're planning a trip to Australia in the next few months, consider changing some Aussie dollars now. For counter-trend traders, it's a great opportunity to look for a buying opportunity in the AUD. Let's analyze the charts!
📊 The market hit resistance and is now in consolidation, making it a concern for buyers. The daily chart shows an M Formation, with the...
📈 The Euro dollar has shifted from a bearish to a bullish trend. On the weekly chart, we can see a violation of the previous resistance, indicating the overall trend is now bullish. However, this doesn't mean you can't consider shorting opportunities, just be more conservative with your targets.
🔍 Moving to the daily chart, the bullish trend is evident, and the...
📈 CADJPY Bullish Bat Pattern 📈
Exciting opportunity on CADJPY! 🦅 A Bullish Bat Pattern is forming within the buy zone. 📊 Conservative traders target 106.79, while adventurous traders set their own targets. Remember to manage risk and stay informed. Follow @raynlim for more trading insights. Happy trading! 🚀
The weekly chart shows a solid support level at $1919.36 and resistance at $2016.26.
Excitingly, a Potential Bullish Flag Pattern on the 1-hourly chart signals a potential buying opportunity at $1954.80. Brace yourself for a substantial market movement! 🌟💰
Personally, I'm keeping an eye on a Bullish Fib-3 Bat Pattern forming at $1951.93, with a stop-loss set...
💰 Celebrating two great wins on WTI in June! But let me clarify, I'm not chasing streaks—I focus on proper setups. Let's dive into the current situation for WTI, aka US Oil.
📈 The market is testing the support line on the weekly chart. While some traders see it as strong support and anticipate buying opportunities, multiple retests increase the likelihood of a...
The Bullish Shark Pattern has formed on the 4-hourly chart. It is a retest of entry; the setup looks legit, its potential returns tempt me
If you are interested in getting involved, the entry price is at
EP: $67.67(buffer $2.50)
ISL: $66.55($-1.12)
TP1: $70.31($2.64)2.35
TP2: $72.15($4.48)4
Do your own analysis, and do not follow blindly.
At 9.30pm(SGT),...
LUNC was sent down to this support level after breaking through the B level of the Bullish Bat and confirming the breakdown with a Bearish 5-0, as seen here:
Even as the rest of the market has risen, LUNC continued its downward path to the support zone, and now, just as the rest of the market looks like it wants to take a break, LUNC has finally settled down...
For the longest time, I've been saying that the correlations between the currency pairs have been weakened.
Traders have asked me why I have NZDJPY and NZDUSD in my portfolio. Doesn't it move in the same direction?
Over the years, these correlated pairs move pretty differently. And recently, the WTI and Gold have no longer moved in an inverse relationship.
So...
Apt Bullish Bat Pattern seems to be ready for reversing, recommended to use only 1% of your Portfolio on Spot. Target profit 66%, Stop Lots -17%. This is only an Idea, remember to always manage calculate your risk before enter in a trade. Fell free to share your thoughts :)
Binance Coin doesn't seem to show the same Bearish patterns as the rest of the Cryptocurrencies.
It appears that it's one step behind on the Bearish Stance.
But can start flying now? YES!
It met all the necessary requirements.
However, if another last bear leg comes, it might as well catch up and reach the Demand Zone in a fast manner.
I'm saying that because...
BPT has a Bullish Bat within a trading range that kind of looks like an Inverted Head and Shoulders pattern all while Diverging Bullishly on the MACD. It may soon try to break free from the Supply Line above and make it's way to a 0.886 retrace.
Spotted bullish Bat pattern, that can give you up to 97% in profits, wait for entry at 7$ retest over MA200 (Green Line). Stop lost -7%
This trade is HIGH RISK Use ONLY 1% of your Portfolio.
This trading setup provides 1 of the Best Profit Factor. But because of how the candlesticks interact on the PRZ(rectangle box) it is also the most dangerous trading setup.
On the 8-range bar chart, there's a Deep Gartley Pattern setup, and on the 4-hourly chart, a Bat Pattern setup.
Both setups is now resting at X.
If you are new to trading, avoid this trade....
The Container Store on the weekly timeframe is potentially Backtesting the Spring of a Range and is showing what looks to be Hidden Bullish Divergence on the MACD at the PCZ of what would be a Bullish Bat.
ChargePoint has come back to the PCZ of the Bullish Bat and The Ice Line of the Range; presumably to fill a gap that it had created several days ago when it gapped up from this level.
Now that the gap has been filled, I would expect to see this level hold much the way it did last time and go for the Bullish Breakout of the Descending Supply Line from which could...
There is Hidden Bullish Divergence as we are Potentially putting in a Higher Low Partial Decline within a Right-Angled and Descending Broadening Formation just below the PCZ of a Bullish Bat and if we breakout then the move should take us up at least about 200% from the current price level.
Attention traders! We have an exciting opportunity on the horizon as we unveil a compelling bullish setup on USOIL, unfolding on the 15-minute timeframe. Get ready to ride the wave of optimism and seize the moment as price forms a bullish bat pattern, a powerful harmonic formation renowned for its success rate.
But that's not all! Recent news regarding oil has...
SHIBA INU is Diverging Bullishly at the PCZ of a Bullish Bat after it's spent a few days trading just below it; I think it could make a run for the trend line from here and if it breaks the downtrend line then it can go for the homerun target of $0.015788
