The Cajun thinks he has a bead on a him:) Lots of things can happen but when things line up, we must take notice and not doubt Ketu (astrotalk-aka your gut). We must build the narrative, then test it. I just wish I had full access to trade crypto:)
Great bearish shark pattern happening for the USDKK 1 hour chart. This harmonic chart pattern will likely complete as it is just about there. Once in a short, looking to take profits at the 38.2 and 61.8, however, this pattern can morph into a Bullish 5-0 pattern at the 50% profit fib level, so will be watching price in the fifty level. It could bounce hard there...
THIS IS NOT A TRADING ADVICE!!! INFORMATION HERE WILL BE USED FOR A FUTURE AI First target of pattern is level of point C, second target is a touch to upper trendline.
Sunpharma - Formation of 5-0 Pattern Looking for minimum targets of 38.2& & 50 % Bullish divergence not seen yet, so looking for retest of the lows. RSI is in oversold territory.
THIS IS NOT A TRADING ADVICE!!! INFORMATION HERE WILL BE USED FOR A FUTURE AI 1w chart Ascending channel, 2 touches on the upper trendline, expect to see the third one over 1.3670. Second alternative is bearish, both shall be positioned outside red dashed lines.
hey guys here is my short idea. enjoy and add comments please
The red box is my sell zone and having the bearish shark form up on 4-hourly chart and we can see how nicely the market have a sell off at Point D completion. On 1-hourly chart, it give a buying opportunity at 1.1288 as a counter trend setup. This December, market can be more volatile than other December. If you wish to see the video version of the analysis,...
Structure Trade for this, back into our 5-0 pattern having a nice Pin Bar or also known as long shadow candle. Already shorted the trade and I have 2 target for this, Target and stops will be shared to my subscriber. Tomorrow we are going live on Facebook, Wednesday 7pm(+8GMT), just like our facebook page to receive the alert when we go live! www.facebook.com
A Shark that I MISS!!! Argh!! Is ok, Is ok, things happen, but I'm still Bearish Bias on this pair. Waiting for the 5-0 setup that will require confirmation before I engage the trade. Entry, Stops and Targets will be shared to my subscriber. I may even long on Shark retest before 5-0 pattern took place. In just the month of Oct, we shared a total of 2,333pips...
I dont usually trade stocks but I saw this setup on the chart Shark pattern formation and price is now resting a little above 1.618 which makes shark pattern D leg complete. Minimum retracement expected is 38.2% and 50% but I have provided 4 different targets. It is overbought on lower timeframe and has small bearish divergence. Shark pattern usually consists...
Here is the Bearish 5-0 update from last week or so. It hit the 2 fib level and is showing signs of a reversal to the upside as expected. Around 824 more pips up to the Sell Point. Then another potential 1,876 pips to the TP point. I will get in on this buy up to the Sell Point. Hopefully this pair doesn't get hit with news and does what it is expected to....
DAX - 1D - 5-0 and Crab pattern completion at 1.618 extension Looking for quick bounce from this level for minimum retracement to 38.2% or next resistance level. 5-0 is generally results in continuation after the retracement.
Looks like price is hung up at the moment. Once the markets open up again, hopefully price will continue down to the 2 fib line and bounce up to the "SELL" point.
hey traders. here is my short and long positions. enjoy
We have a perfect 5-0 pattern and bullish AB=CD. Target is 161% of CD. 1.13 must hold, otherwise the pattern is invalidated
This is a bullish 5-0 pattern, formed in monthly chart. The first bounce from 50% retracement (around 1.1450) reached 38.2% retracement of February high to August low around 1.1800/1.1780 before the pair resume downtrend and reached AB=CD projection. Stop loss below 1.1180.
Final Shark Reversal around 1.12-1.09. As of 1.12 now the 0.50 retracement of DC sits around 1.19, concluding the potential 5-0 pattern