@bat
POTENTIAL GBPJPY BAT AND CYPHER PATTERN2 potential advanced patterns completing close to each other, both indicating a possible bearish move
Bearish bat pattern in CADJPYOnce the currency pair CAD/JPY retraces into the 85,76 level the bearish bat pattern will be completed and so the opportunity to short the market. This setup contains two fibonacci based target points and a stop loss point at the 1.08 extension of XA.
AUDUSD LONG SETUP ( BULLISH BAT )Hey traders! we have an opportunity to grab this long @ 0.74239. Price action is trading above both the EMA's. Also we have previous structure zone where we might see the pattern completion. expecting another impulse to from.
EURGBP - Potential Bullish Bat - Buy OpportunityIn EURGBP as we can clearly see, price is moving towards our D point.
We are going to be long from D Bullish bat pattern completion point.
Last two patterns hit SL back to back but still we are doing good for the week which had massive winners.
If it suits your Tradeplan..Go ahead n Buy !
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GBPUSD BAT SETUPHey guys! We have a potential Bearish Bat pattern forming at 1.46516. We have a downtrend with lower lows and the pattern seem to form at the structure resistance. Hopefully a good trade.
Stops @ 1.46837 and Take profit @ 1.45964
GBPNZD BAT PATTERN SETUPHey traders we have a new structure high and we have a potential bullish bat forming @ 2.1889.
EURCAD HARMONIC PATTERN TRIOEven when all the stars are align the market never fails to listen to it. This is a live process where we can understand that nothing works perfect.
1) AB=CD ( Time = Price)
2) Garltey 222
3) Bat
Lets see what happens.
Waiting for a Bat PatternJust an amateur opinion about a nice pattern which is forming on AUD/USD.
The price came closer to the .886 level from XA leg and if the price will touch this level (0.69924) we'll have a good risk/reward ratio and great opportunity to enter in a long position.
GBPUSD: Bullish Bat Pattern After Inflation ReportHey traders we just had the inflation & interest rate news come out for the GBP pairs and the reaction is sending price action down to a potential advanced pattern completing at 1.5269's. i like to give 15 minutes for news to play itself out and afterwards I'm allowed to continue my trading
Also as a reminder tomorrow is also a big news day as we have the month Non Farms Payroll release, so make sure you refer to your trading plan on how you handle these types of events. Word of advice, if you don't have a plan, you probably shouldn't be trading this...or anything else until you develop one.
Have you seen my latest video?
"The Pros & Cons of Money management Strategies
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Akil
Chief Currency Analyst & Trading Coach
www.TradeEmpowered.com
NZDJPY BEARISH BATNZDJPY Completed the bearish bat in the supply zone area.
Entry @ 82.114
Stops above the zone ( added few pips, I may adjust a little bit later)
1) Take profit 1 = 38.2%
2) Take profit 2 = 61.8%
GBPJPY Bearish Bat formingA close above the structure high will significantly give us a chance to go long and target to the D1 Supply area . We could see potential reversal around the PRZ level which are the horizontal lines . Sell limits can be placed @187.335 and target to 184.86.
This method is known as the RSI+BAMM method . You could see the initial X point has RSI OS area and for further confirmation we need to hit RSI OS again when the price hits one of the red lines and then look for terminal bar. We need a close below to confirm the bearish move.
