XRPPembelian
Bullish Bat (Harmonic Pattern)
Sup traders?
Nice to meet you.
This is just my analysis.
In this chart, it is possible that the market going on bullish cycle.
As we can see, the candle 4H has completed Harmonic Pattern so called Bullish Bat.
Harmonic price patterns are those that take geometric price patterns to the next level by utilizing Fibonacci numbers to define precise turning points.
Unlike other more common trading methods, harmonic trading attempts to predict future movements.
A precise and mathematical way to trade, but it requires patience, practice, and a lot of studies to master the patterns. The basic measurements are just the beginning. Movements that do not align with proper pattern measurements invalidate a pattern and can lead traders astray.
Entries are made in the potential reversal zone when price confirmation indicates a reversal, and stop losses are placed just below a long entry or above a short entry, or alternatively outside the furthest projection of the pattern.
................................................................................................................................................
Although im expecting to short 0.35, maybe it won't.
Good luck gais, don't over leverage, and don't take this as trading advice.
Nice to meet you.
This is just my analysis.
In this chart, it is possible that the market going on bullish cycle.
As we can see, the candle 4H has completed Harmonic Pattern so called Bullish Bat.
Harmonic price patterns are those that take geometric price patterns to the next level by utilizing Fibonacci numbers to define precise turning points.
Unlike other more common trading methods, harmonic trading attempts to predict future movements.
A precise and mathematical way to trade, but it requires patience, practice, and a lot of studies to master the patterns. The basic measurements are just the beginning. Movements that do not align with proper pattern measurements invalidate a pattern and can lead traders astray.
Entries are made in the potential reversal zone when price confirmation indicates a reversal, and stop losses are placed just below a long entry or above a short entry, or alternatively outside the furthest projection of the pattern.
................................................................................................................................................
Although im expecting to short 0.35, maybe it won't.
Good luck gais, don't over leverage, and don't take this as trading advice.
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