It's not often that we end up seeing more than one harmonic become prevalent on our charts, but when they do, the amount of opportunities you have are absolutely amazing. If these patterns confirm, we have the possibility to capitalize on roughly 837 pips over the next week or so. Definitely something you may want to add to your portfolio. So, what makes me think...
Long entry at market at the completion of a bullish bat pattern
As we start to look back into the historical movements of the chart, we see that our Bullish Gartley was indeed confirmed, but now we move on to more possibilities within the Euro Dollar. The first leg of our bearish gartley is seen after we hit our final 61.8 target in the much larger and overpowering bullish gartley into the lower high of the uptrend. Let us...
GBPAUD is in a bullish trend in an ascending channel and it looks like we have the potential for 2 different bat patterns or a butterfly. If the bullish bat (in black behind the blue butterfly) completes, we're looking at entry around the 1.8930s. The next level of support below the impulse leg (XA) is right around 1.8700 so we might see the market test that...
Waiting for completion on the bullish pat pattern for USD/JPY. Plan your trade and trade your plan, follow your risk management and consider making your own discussions before executing a trade. Star Prosper Philip Stewart
NZD GAINING MORE STRENGTH IN THESE LAST COUPLE OF WEEKS WHILE CHF IS COMPLETELY THE OPPOSITE. SNB (SWISS NATIONAL BANK) STATED THAT CHF IS OVERVALUED SO IF CHF DOES SOMEHOW GAIN STRENGTH THEN THE SNB WILL INTERVENE AND SELL THEIR OWN CURRENCY. NZDCHF IS IN A NICE UPTREND MAKE HIGHGER HIGHS AND HIGHER LOWS. WE HAD A RETEST OF THAT SMALL RESISTANCE TURNED SUPPORT...
Long EURUSD for bullish bat harmonic pattern Long EURUSD 1.1130-40 SL 50pips TP 1.1250 ==== www.ForexPositive.com Twitter @ForexPositive ====
Bullish bat harmonic pattern Long AUDCAD 0.9470-80 SL 0.9420 TP 0.9700
AUDJPY H1 - Bullish Bat Entry: 89.684 Stop: 89.055 Target 1: 90.505 Target 2: 91.007
290 targetting bullish bat completion .. watchout
Looks like a bullish bat on reliance bouncing off .886 at 831
Bullish bat forming on USDINR. Looking to buy at 61.85 zone with 61.7 as Stop
What to say! Chart is worth more than 1k words :)
Similar to SPX, the DAX is on a verge of breaking the daily TL for more downside. This bullish bat is just a speculation where the potential support may be.
The 15.5 acts as very good support, held the PA 3 times so far. Don't really see the bullish bat completing, but beside the bat there is a possible ABCD, just keep in mind. Break of 15.4 is a short into ABCD or even the bat.
Let the uptrend begin. Fib spiral has been hit, stopped also right on the fib level. Bullish bat confirms? The Fib spiral may not be hit perfectly in this published chart (Zoom ratio) Fib spiral credit: Kazonomics.
Bullish bat harmonic pattern Long GBPJPY 172.70 SL 172.20 TP 175.00 ===== www.ForexPositive.com twitter @ForexPositive =====