last 2-3 weeks we seen huge buying in BAT coin, in upcoming months its to going pump very hard.
entry and targets are given on the chart. Treat this idea as long-term investment
please Like and comment if there are any queries.
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The Bat Man Potential Reversal Zone is defined by 1.27AB=CD Pattern ,1.62 BC , or 0.886 XA Retracement levels the zone is 15542 to 14662 ...
The Stop loss of for this Pattern is below 14120... for the target of minimum 19589
However one can wait Reversal pattern in daily or lower time for confirmation
Where will Hero Motocorp head to ?
• Bullish Bat Harmonic Pattern formation is seen
• RSI/MACD are ready for up move, yet to confirm
• Price is way below 13,50 and 200 EMA
• Recent swing low matched with earlier lower low (important level for support)
What can happen next :
Scenario 1 : Price can move up to complete bullish bat harmonic pattern...
Investment Purpose ! Monthly Chart Alert !
Fundamentals are good after all its a TATA !!!😅
Reversal Area near Bottom can push the price even more higher Like previous .
1) TATAMOTORS has completed the bullish BAT pattern ( Harmonic Pattern ) .
2) As per the rules , Ratios are very good .
3) Trendline Breakout with volume near support Zone .
4) RSI divergence...
xauusd- bullish BAT
trade idea is already shared with risk reward ratio of 1:2.
anything extra will be bonus
we will move our sl to 1:1 when more than 1:2 target is achieved, let the trade run.
best of luck