A Bearish Shark Pattern formed on the EURJPY trade. The Shark Pattern is 1 of the trickiest pattern in the entire Harmonic Patterns collection. It can have as many as 3 Potential Reversal Zone(PRZ) which is also known as the entry zone. I'm waiting for the candlestick confirmation for a trend trading opportunity that happens within the sell zone(go figure, clue:...
We could see a retrace down to 42400 upon bearishly breaking this consolidation.
A Bearish Shark Pattern complete at 111.76, but that would be my immediate focus. A consolidation zone between 109.59-109.35 would be the area I'm waiting for a Double Top with RSI Divergence for a buying opportunity. Trading can be simple. Don't overthink.
A Bearish Shark Pattern has shown up and is complete at 1.3952 which is nicely seated within the consolidation zone between 1.3947-1.3957. However, that Harmonic Pattern will not be the immediate trading opportunity. What you can expect on Monday market open will be the sideway bounce setup between 1.3878-1.3799. A double top with RSI Divergence and a 3 point...
LINK may potentiall6y reverse between the .786 and the .886 retrace as it shows Bearish RSI Divergence and appears to be is overbought territory.
GBPUSD if you are looking for buying opportunity, you can observe if it respected 1.3800, you can consider a buying opportunity. For short-mid term shorting opportunities, you can wait for a shorting opportunity at 1.4009-1.3971 and if the candle break and close above 1.4009 the next shorting opportunity will be at 1.4184.
If you are worried about the Bearish Gartley Pattern(you can check the link at the bottom within my tradingview profile) for violated on the 4-hourly chart, worry not. Do remember that the Bearish Deep Gartley Pattern formed on the Daily timeframe and base on the 1-hourly chart, we have shorted the Bearish Shark Pattern. As long as the candle didn't break and...
A bearish shark pattern has formed up a few days ago, and this morning I've shorted this shark pattern at 110.95 and should you decide to engage it, you have not missed much. A break and close below the imagined trendline would enhance the trade furthermore and probably I will add more position depends on the candlestick formation.
We may see a bearish reversal between the 786 and 886. If it pushes to the 886 or even the 113 before reversing then we may instead get a bullish 5-0 move.
This Bearish Crab Pattern is important because it came in line with the Bearish Shark Pattern on the Weekly chart. In the coming week, I'm waiting for a retest at 134.00 for a shorting opportunity as a counter-trend trade, it could be a trend reversal setup.
If you have been waiting for the Bearish Bat shorting opportunity(chart at the bottom) and you had missed it, well, it looks like a better opportunity might present itself for a trading opportunity. After the candlestick pattern has confirmed, I will short the Bearish Shark Pattern at 1.4228 regions for a counter-trend or trend reversal opportunity. Coincidently,...
Well, if you are a Harmonic Pattern trader and you wonder if I have selected the wrong investment strategy, nope, I didn't. On the higher time frame, there is a Bearish Shark Pattern(check the link at the bottom) and I'm waiting for a shorting opportunity on the Shark Pattern. For traders who agrees with me, you have to be aware of a Bullish Butterfly setup on...
It's all clear in the chart; Shorting at the 1.27 and targeting the 50 percent retrace for profit taking, stops above the high.
This looks like a regular shark pattern and it is a valid bearish shark pattern, but I'm seeing this harmonic patterns has a 90% chance of failure, meaning to say it is most likely to have a bull run than a bear run. I've been trading harmonic patterns for 10years and on my personal observation when certain setup matches others, it will give a sign of the pattern...
I'm waiting for the Bearish Shark Pattern checked back for a shorting opportunity as a counter-trend trade. I will be waiting at the lower-timeframe for candle confirmation to engage this trade.
Well, we have a bearish shark setup on the 1-hourly chart, will you short from a strong UK Pound movement? I will? What I needed is a pullback that is sufficient for me to shift my stop-loss to entry. Nevertheless, the Reward: Risk is acceptable.
Will this pair eventually be a bearish shark pattern or a type2 bearish deep gartley pattern? And all this will be determined by the candle close. Latest by Tuesday, 11May21 we will have an idea of this trading setup.