#BATMAN SIGNAL HOW TO#

Stick around because I'll show you how to test this for yourself. There are three places that you can potentially enter a Batman. Of course, it doesn't always work out as nicely as this, but here's what this opportunity ended up looking like. That's when there's an opportunity to possibly take a trade because there's a good chance that price will start to move away from the support or resistance zone. This forms the right ear and is another sharp price rejection of the key zone. There's a lot of buying and selling here as the bulls and bears battle it out for what the next big move will be.įinally the bulls give it another try, and fail again. The bulls gear up to make another push and this is where price consolidates. You'll notice a strong rejection at this point. There could be several reversal patterns that could happen here, including a Batman.īulls try to push the price higher, but fail the first time. If it hasn't been that significant, then this probably isn't a good opportunity. Take a minute to look at the history of the chart and see how significant this level has been. The more times price has touched this zone and decisively rejected it, the better. Remember that this has to be a significant zone. There's no guarantee that it will move through this part of the chart again.īut if it does, it will probably move rapidly. When the market moves swiftly like this, it's also more likely to move quickly through this area of the chart, in the opposite direction. Obviously, this isn't close to being a Batman yet, but it's an important precursor. The first part of a Batman is a strong trend. When you understand what traders are doing behind the scenes, it's easier for you to identify a high quality setup. Take a few minutes to understand the market backstory, psychology behind the pattern and what it's telling you about the market. Like any other chart pattern, you shouldn't look at the pattern in isolation. Click to enlarge The Psychology Behind a Batman Then another push lower that's rejected, and price heads higher. It's just the opposite of the the example above, but the principles are the same.Īgain, we see the big spike into the support level, followed by consolidation. Just like any other countertrend chart pattern, this one has a much higher probability of success if it prints on a key support or resistance zone. The important thing to look at is where this pattern prints on the chart. Wayne’s fictional hometown of Gotham has become an enduring nickname for New York City - Batman creator Bill Finger modeling the superhero’s gritty residence after the Big Apple.Discount for TH Readers: Get your Forex Tester 5 coupon here It’s unclear why the annual event doesn’t have a specific date, but the purpose of Batman Day is to celebrate the anniversary of the Caped Crusader’s first ever appearance in Detective Comics #27 in May 1939. On Saturday night, O’Neill tweeted an image of the Bat-Signal, writing: “You’d think I could just tweet at our favorite aging caped crusader instead of using this massive spotlight.”Ĭities around the world joined in celebrating the annual event by displaying the Bat-Signal - the superhero’s famous distress call - onto buildings and into the night sky, delighting fans in Tokyo, Montreal, Melbourne, Rome, London, Barcelona and Berlin, CNN reported.īatman Day is celebrated every year on the third Saturday of September but this year’s celebration was extra-special - marking 80 years since the crime-fighter also known as Bruce Wayne first appeared in the DC Comic universe. Gordon, a main character in the Batman universe, would frequently flash the Bat-Signal to alert Batman of impending danger in Gotham. NYPD Commissioner James O’Neill joined the celebration - changing his Twitter account description to “James Gordon, Commissioner of the Gotham City Police Department.” Peopled flocked to the waterfront Domino Park to celebrate Batman Day and personally shake the hand of their brave hometown hero - one pint-sized fan even bringing his pooch dressed as the famous superhero. Hundreds gathered in Brooklyn to see a giant Bat-Signal beamed onto Williamsburg’s Domino Sugar Refinery - commemorating eight decades of the Caped Crusader. He’s been keeping Gotham safe for 80 years - and Saturday night, Gotham said thank you. 'Batgirl' set photos revealed: What you won't get to see on big screen 'Batgirl' cast 'humiliated' - Warner Bros. Will Michael Keaton still be Batman after 'Batgirl' cancellation? Kevin Smith: Scrapping 'Latina Batgirl movie' looks 'incredibly bad'

Batman signal