Trade Ideas Position: EURUSD H1 Bear BatLooking to short Alt Bat, and the setup is below the reisistance.
Alternate Bat
Alternative Bat long 4HSetup
Entry: 1.2928
Stoploss: 1.2887 (41 pips)
Target 1: 1.3037 (1:2.66)
Target 2: 1.3104 (1:4.29)
Target 3: 1.3152 (1:5.46)
Caution
If the stoploss is too big, downsize you positions!
Dollar Index (Bearish Impulse) - DailyMajor Head & Shoulders is in formation for Right Shoulder to be completed at 0.618 of the entire bullish impulse, which is also retracement 0.382 of the Deep Bat Pattern (Alternate Bat)
Alternate Bat Pattern confirmations:
- A-B must touch 0.5, but cannot touch 0.618
- B-C must touch 0.618, but cannot exceed A (FIbo A-B) or just keep an eye on that 0.236
- D completion at 1.13 (Fibo X-A)
- Take profits at 0.382 and 0.618 (Fibo A-D)
MACD shows huge divergence at Higher High for bearish movement.
Good Trading. - Daily Chart
EURCHF Bearish Alt BatBack again with some more technical analysis. This time on what I believe to be an Alternate Bat on the EURCHF 4hr. I will be keeping my eye on this one over the next week.
Bullish Alt Bat ideabullish alt bat requirements
A-C 0.382 -> 0.886
X-B 0.382
B-D 2.0 -> 3.618
X-D 1.13
Now wouldn't that be bang on the 78.6 fib level?
USDCAD - Alternate Bat completionThe alternate bat pattern is a pattern I rarely spot.
This setup on USDCAD is great in a few ways.
1. Trending (Downtrend)
2. VSA principles pointing at further downside
At the PRZ of this alternate bat pattern, there was a double top yesterday.
At the 2nd top, there was a decent increase in vol with no further increase in price.
This is a classic short setup.
I have opened short at 1.2540.
SL: 1.2620 (80)
TP: 1.2370 (170)
USDJPY bearish moveBearish alt bat formation will raise odds for nice move down after breaking high. Please take into account the yellow trendline.
1) Never risk more than 2% of your account.
2) Try to be emotionless by applying your strategy to the pip.
3) Invest to yourself and then your capital. Try to educate yourself along with the signals and enhance your risk intelligence and your perception on how Markets work.
4) You do not have to be extremely precise to be highly profitable as long as you take the set-ups with big R/R.
53 : harmonic ???I but it with the alt. bat pattern.
But, you see, it is a little RR
However, i buy it a little size,
If it can break up this line, i will put order more.
Palladium, Weekly: Short, alternate bat patternCompletion of alternate bearish bat pattern. Price action in potential reversal zone looks bearish with the potential formation of a dark cloud cover pattern.
Active Bearish Alt Bat on NZDCADActive Bearish Alt Bat on NZDCAD
Sell @0.9380
TP1 @0.9350
TP2 @0.9325
Time fibsInteresting time fib setup on this pair, the two moves shown with dotted lines have both their 1,382 at last friday's bar. Price is outside the weekly and daily bollinger bands. There is also an alternate bat with a potent pi extension, credits to @jolicoeur342 on that one.
I started a small position here, but will add on subsequent signals, keep you updated.
Good luck.
Alternate bat + pitchforkWait for your signal to enter, I believe this might go to the 0,618 CD retrace, close to the pitchfork channel. I also think there is a chance for a stronger downward pressure after that point. I will publish later on.
It's possible that DXY will bring some help to this, watch it.
Good luck, and thanks for your comments.
CL1!/USOIL/WTIUSD Small Elliott2 & Higher High & Alt Bat Bullish1.
Small Elliott2 =Entry
2.
Higher High => Up Trend
3.
Alt Bat Bullish Prz 113%
CL1! cl2! FOREXCOM:WTIUSD usoil
WTIUSD/USOIL Bullish Harmonic pattern & reversal Candle1.
Bullish Reversal Pattern
Morning star Candle
2.
Bullish Harmonic pattern Alt BAT 113%
CL1! cl2! usoil wtiusd
CHF/JPY - Bullish Alt BatToday we are looking at a bullish alternate bat on the 1D chart with CHF/JPY.
With price creating a lower low, we can expect price to makes it's way down to D point an reverse.
Alternate bats are a powerful pattern, and indicate huge trend reversals.
Risk Ratio - 1:6
The measurements for a valid alternate bat pattern are detailed below.
B: 0.382
C: 0.382 - 0.886
D: 2.0 - 3.618
Final X to D: 1.13
Alternate BAT Pattern - GBPUSD (60Mins)Hello Traders,
I have spotted alternate bat pattern on GBPUSD hourly chart. Potential Reversal Zone (PRZ) overlaps with previous structure support. It looks like a high probable area for reversal. This potential set-up has a risk/reward ratio of 1:1.4 for Target-1 and 1:2.2 for Target-2.
Follow this idea for further updates.
Happy Trading.
AUDUSD - Bullish bat or Bullish Alt-Bat?Hey guys, if you have been following my analysis, there is a trend you will see.
1. I always follow up on my analysis
2. It is systematic with a proven trading system which is Harmonics + Price Action
Observation
1. NFP failed to push AUDUSD to my short target around 0.7750.
2. It created a nice double top which also has a bearish divergence in RSI
Pattern identification
1. Bat pattern at 0.7560
2. Alt-Bat pattern at 0.7540
The way patterns play out, this pattern could complete at the 2 prices I listed.
Execution
1. Wait for price to come down and enter 1/2 my usual trading position at 0.7560 and 1/2 and 0.7540. (Risk 1/2 percentage each)
2. SL will be at 0.75 with profit targets still at my longer term short target 0.7750.
3. Great R:R trade for your consideration
USDJPY LONG Bullish Alternate Bet + RSI BAMM 2Hr ChartWait for price to hit Point D of the Bullish Alternate Bat and For RSI BAMM to be Confirmed with divergence and go long on this.
RSI have to go lower than the 30 level marked with a green line but not lower than the previous low marked with a red circle on the chart.
Bearish Alternate BatBearish Alternate Bat Setup Complete
Tp1 0.382 Fib Retra AD
Tp2 0.618 Fib Retra AD
GBPCHF. BULLISH ADVANCE ALTERNATE BAT PATTERNHere we have a beautiful high probability bullish setup
A nice bullish Alternate Bat setup
Potential Half major price rejection at 1.25000
Potential target 1 at the Minor price at 1.26000
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)
USOIL. BEARISH ALT BAT PATTERNHere we have a beautiful high probability bearish setup
A nice bearish Alternate Bat setup
Potential Minor price rejection at 54.00
Potential target 1 at the Larger price at 52.45
Trade safely guys !
