Bitgert is Bullishly Diverging on the MACD at the PCZ of a Bullish Bat.
Square is currently trading at the macro 88.6% Fibonacci Retrace and has formed a Bullish Bat on the Daily all while forming an Inverted Head and Shoulders Pattern and now we are looking to see if we can break back above the 88.6% Retrace and challenge the neckline; if we do then I wouldn't be surprised to see it rally back up to where it dumped from originally.
In a world where media and forums express bearish sentiments towards USDJPY, my unwavering bullish stance may have caught your attention. While others see a bearish retracement, I invite you to see the bigger picture. Take a glance at the weekly chart on the right, and you'll witness the bearish movement as nothing more than a mere retracement of the monumental...
If you have been following, you should know I've been getting into the long position on the AUDCAD to take a ride on the Weekly Chart's 5-0 Pattern. If you aren't familiar with harmonic patterns,it means I'm looking to have a ride on the bullish trade from a mid to long-term perspective. (approx 2mths) There are a couple of attempts, and not all went to loss, it...
CHZ has fromed 3 Harmonic Patterns within this range all completing at an 88.6% retrace that all has so far aligned with the same area each time; if this zone is to hold, then we can probably expect it to atleast make a 0.618-0.886 retrace to the upside from here.
RPD has formed a 3 Rising Valleys pattern at the PCZ of a Bullish Bat Harmonic and is backtesting the Moving Averages as the 55 and 200 SMAs attempt to confirm a Golden Cross at the 0.886 PCZ.
After a considerable wait, the bullish bat pattern has finally been completed, indicating a potential buying opportunity for traders. However, conservative traders may want to wait for the candlestick to close at 1.2463 before entering the trade. On the other hand, I took a more aggressive approach and entered the trade today, given the presence of two...
We have a Bullish Bat in midair keeping this stock up as it gets rejected from the Supply line of a Bullish Consolidation Channel but I think that this Bat will hold and that it will go for a true breakout of the channel in the coming weeks as this sector seems like it would be a very safe sector to be in.
As an experienced trader, I've identified a significant trading opportunity that I'm eager to execute. My strategy involves a buy and hold approach, with a focus on minimizing risk and maximizing rewards. Rather than setting multiple targets, I prefer to extend my targets and remain flexible based on the market conditions and candlestick patterns that...
ChargePoint is sitting at the PCZ of a Bullish Bat that aligns with a Hard Support Floor if this Bat performs I think it will not only make it back to the top of the Harmonic but that it will also make a run for the top of the Macro range up at HKEX:19 - HKEX:20
EURO-DOLLAR has a Counter-Trend Trading Opportunity(left). Traders looking for a counter-trend trading opportunity could wait for the market to retest to 1.0975 for a shorting opportunity. This is possible not because of the Bearish Shark Pattern Trading Opportunity, but a retest of resistance on the Weekly Chart. If this is not for you, then perhaps the Bullish...
Bat is is currently reacting to its 0.5 pullback on weekly chart after breaking trend line. I expect a massive run towards targets My second entry is also marked on chart. Lets see
The Bullish Shark Pattern(right) has not reached its final target level. Trend Traders could wait for a buying opportunity off the 4-hourly chart(left), support level at 1.0748. Should the Candlestick Pattern break and close below it, I'll be waiting for Bullish Bat Patterns that completes at 1.0562. And because the Point C of the Bullish Bat Pattern touches...
A combo trade, a buying opportunity on USDCAD should Point C reaches the highest retracement point on the 1-hourly chart(left). This is a great trading setup because the entry price coincides with the 1-hourly chart(right) Type2 Bullish Bat Pattern at 1.3678.
By the look of it, we might have the opportunity to engage in this trade, an alert was set at 1.3684 to wait for a buying opportunity that should happen in an hour or two. If it didn't happen, we might have missed it.
Jasmy looks like is completing a double harmonic pattern. A harmonic within a harmonic. We may be in the mist of a VERY large move on Jasmy. We shall see!
The Bullish Wedge pattern has shown a retest and respected the previous trendline. It is a good sign for traders who are looking for a buying opportunity. Traders who are looking for buying opportunity might need additional confirmation, well, if you look right, the Type2 Bullish Bat Pattern provides you with the information that you need.
After a decent bullish type 1 reaction the SPX has come back down to the zone and looks to be showing moderate exaustion. If we can get that MACD to cross and the RSI to curl out of the oversold region we could very well see the SPX stage a rally before the end of this week or at the start of next week. That should take it to the true target of atleast $4120 or higher.