A Proper Powerhouse a bearish bat ... Disclaimer... Not a trading/investing advice..!
Bearish bat on a descending triangle... Disclaimer... not a trading/investing advice
The recent bull run was a relief rally which initially was a part of the bearish bar, but the rally is miniscule compared to the working span of the continuation pattern of Descending Triangle..... Plus the Bearish Bat has just an extended PRZ potential reversal zone, but has not stopped functioning.. The bearish stain is still all over the chart, and i have a...
An upward looking handle is always a weak breakout... still high potential of reversing back, due to a descending triangle in a 4hrs chart is in action..which is a continuation pattern...
enough said in the diagram.... Just note this is all happening on a descending triangle frame work which is the longer term structure, so the bat structure may have com truncation due to the triangle effect....A challenge to time right..! Disclaimer... Not a trading advice!
i constructed the bat in a 5mins time frame so might look a bit weired at the first look here.. Also dont be a harmonic doctor n say the points dont match, infact i am super cautious with the points.... if i go to meet the point on the price i may miss the exact point on the price due to the cross hair n pointer blocking the candle top/bottom, so i drop the points...
A descending triangle plus a bearish bat formation...! A very interesting case to follow ... TArgets have been based on PRZ and fibonacci levels (1.27 mainly) Disclaimer...this is not a trading/investment advice..
enough said in heading.. Period #Ascalper'sHeaven
The BSE:MIDCAP went through the following events.. 1.A rounding top formation 2.Breakout of the neck line 3.Entered into a symmetrical triangle Projections... 1.Symmetrical triangle breakout 2. Bearish bat completion 3. Ichimoku green cloud in potential reversal zone 4.Price rejection by ichimoku cloud 5.Price reversal from prz(potential reversal zone)...
Bullish BAT pattern has been observed at the major support level. One can go long at this PRZ of 1095-1100 based on bull signal. The bullish signal confirmation can be made even in lower time frame charts. Entry - 1095-1100 SL - 1085 T1 - 1115 T2 - 1125 For study purpose only. Thanks.
Hi Traders, We have spotted a potential harmonic BAT pattern on IRB hourly chart. BAT Pattern isn't yet completed. We will wait for completion of the pattern to get engaged in this trade. Price may take few more days to reach D leg of the pattern. We will keep updating the idea. If you have any suggestions/queries, please free to comment down below. Thanks, Safri
Hi Traders, We have spotted a potential harmonic BAT pattern on TATAELXSI hourly chart. BAT Pattern isn't yet completed. We will wait for completion of the pattern to get engaged in this trade. Price may take few more days to reach D leg of the pattern. We will keep updating the idea. If you have any suggestions/queries, please free to comment down below. Thanks, Safri
Hi, A harmonic bullish bat near completion with RSI divergence on 4 hr chart of Airtel. Trade levels highlighted on chart. Trade with care, Gulz
All mentioned & plotted on Chart. My personal View. If matched, Like & Share As i am not SEBI regd. analyst, take this study as educational purpose. For taking trade decision Consult with financial Advisor.
Enter short @ 327 - 328 on retracement from CMP. SL - 332 Target - 319 For study purpose. Thanks.
There is double bottom and RSI divergence seen on the chart. Currently a short term trendline is broken on the upside. Some pullback might be seen for retest. If this Bat plays, we may get 348 and 360 on this stock. Technically the bat will be active above 344. This idea is aggressive, proactive and involves risks so apply your own due diligence before...
All mentioned & plotted on Chart. USA Market TURNS in Green from Thurs days Blood Bath. Remark: Possible GAP UP Open in Asian Market. My personal View. If matched, Like & Share As i am not SEBI regd. analyst, take this study as educational purpose. For taking trade decision Consult with financial Advisor. Weekly Chart link.
Suzlon Bearish Bat/Gartley Short below 15.5 with 16.5 as SL T1 - 15.05 T2 - 14.55 T3 - 13.8