[FX-USDSGD] No Go For This Bat After NFP

The price movement as a result of the Non-Farm Payroll announcement made sure that the Bearish Bat Harmonic Pattern I blogged about in my previous post is a no go. The price has moved down and almost broke below Point C. Even though Point C was not violated to the downside, the most recent price […]



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[FX-USDSGD] Bearish Bat Harmonic Pattern Spotted

Here’s one from my home currency… A potential Bearish Bat Harmonic Pattern forming on USDSGD 4-Hour Charts. The potential reversal zone is around the 161.8% extension of the BC leg and the 88.6% of the XA leg. I will be watching the price action when and if price reaches this zone. In this particular case, […]



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[FX-USDCAD] First Stop, Point B!

Checking in on my USDCAD short position based on a Bearish Bat Harmonic Pattern while on the bus to work this morning. Looking at Point B, which coincides nicely with the 38.2% retracement level of the AD leg to take out more of my position and risk as well. Below that there’s the 61.8% level, […]



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[FX-EURAUD] Double Top Bearish Reversal Chart Pattern Completion

Here’s an update of a post that I did earlier about the Double Top bearish reversal chart pattern that was forming on the daily charts of EURAUD. It seems that the pattern is now completing as I write this as today’s candle is currently breaking through the neckline of this pattern. The current daily candle […]



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[FX-USDCAD] Bearish Bat Forming – Update

This is an update of the this post I made about the Bearish Bat Harmonic Pattern that was forming on the Daily Chart of USDCAD. I entered before price reached the actual point D because I realised that price has already touched Point D before I noticed this pattern and before I blogged about it […]



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[FX-GBPCAD] Potential Bullish Bat Harmonic Pattern Forming

Harmonic Patterns again. This time it is a potential Bullish Bat Harmonic Pattern forming on the H4 chart of GBPCAD. I will be watching Point D for price action reversal signals. Filed under: AB=CD, Bat Pattern, Bullish, Fibonacci, Forex, Harmonic Patterns, Price Action, Reversal Patterns, Support & Resistance Tagged: AB=CD, Bullish Bat Pattern, Fibonacci, Forex, […]



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[FX - NZDJPY] Potential Bearish Cypher Harmonic Pattern Forming

Cyphers everywhere. This time I spotted a potential Bearish Cypher Harmonic Pattern forming on the H4 charts of NZDJPY. This Cypher is not perfect, if the rules of the Harmonic Pattern are followed strictly; Point B does not retrace at least 38.2% of the XA leg. But it is pretty close. As usual, Point D […]



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[US Stocks] EGO – Potential Bullish Cypher Harmonic Pattern Forming

I’m watching a Gold Mining stock called Eldorado Gold Corp (EGO). There seems to be a nice, potential Bullish Cypher Harmonic Pattern forming on its Daily chart. I will be watching and waiting for price action to develop near point D of the pattern. There is also a somewhat strong support zone that coincides with […]



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