A potential bearish shark pattern is forming on H4 Chart, PRZ at good resistance level. Price seems to have broken mini resistance(green line, also TP1), should be fine to long till pattern completion on Monday. R:R at 2.4 (TP1) and 4.3 (TP2). Good luck.
Potential Bearish Shark is forming On FX:USDCAD 1hr Chart. Wait and observe how price reacts as it approaches PRZ
As described in the chart. Good Luck
Another good R:R pattern, the shark pattern. Upon pattern completion, I will use H4 chart to find a good entry point to short. R:R at 2.76, will stick with just TP1, not being too ambitious. Good luck.
AUDUSD - 9thJan 2018 Hi, Excited to come up with the first video on AUDUSD for the year 2018. You would be wondering what are these - Great White , Port Jackson, Zebra, Thresher, Tiger, Oceanic White, Great Hammerhead, Grey Nurse. Is it some kind of zoo- correct! - If I would have been in your place would have had same thought process & imagination but let us...
Levels are described in the chart Good Luck
I see a bearish shark pattern completing, probably in a few days time. Shark patterns always have good R:R, R:R at 3.3 for this pattern. RSI is also about to hit overbought level. PRZ is at a good daily resistance zone as well. Trade with caution. Good luck.
A potential bearish shark pattern seems to be forming. PRZ is at a good resistance zone. R:R at 3.7 Trade with caution guys, FOMC statement and interest rate results in 2 days. Good luck.
A potential bearish shark pattern might form next week. R:R at 1.8 (TP1) and 3.2 (TP2). Good luck.
Today we have a potential setup forming for CHF/JPY on the 1h chart with a bearish shark pattern. This is an excellent shorting opportunity with over 1:2 risk to reward. The measurements for a valid shark are detailed below. C: 1.13 - 1.618 D: 1.618 - 2.24 Final X to D: 0.886 - 1.13 This pattern could potentially turn into a 5-0 in the near future. Feel...
A bearish shark pattern has completed. EUR has been rather strong recently. Price is now slightly above trendline resistance. RSI is above overbought level. Still no signal to short, might wait for RSI to go below overbought level or price to go back below trendline. Good R:R at 2.1. Good luck.
I just found this maybe just in time. It makes sense with my previous analysis of eurusd dropping after testing resistance. I will definitely be jumping in this trade when the time is right!
Price is in consolidation forming nice harmonic pattern, we can see here two bearish sharks. Last shark has already triggered, its near a strong structure and round number 115 acting as resistance. - Double top on H4 chart (bearish divergence) Best regards.
AUDCHF- H4, Potential Bearish Shark Pattern
Not convinced DollarYen is ready to fall yet Currently Trading over 112.5 QuarterPoint We could see a retest and a push up to 113.7 Completion of Bearish Shark Pattern That is the price I will be monitoring for Bearish Entries Bearish Target @ 111.0
Price has been rocketing towards the upside without a real pullback Resistance @ 1.7 We can possibly see a retest of 1.675 Target @ 1.6775
A potential bearish shark pattern spotted another GBP pair. RSI is already at overbought level, but we shall observe when market opens next week. PRZ is at a good daily resistance level. R:R at 2.9 (TP1) and 5.2 (TP2). I will update if pattern completes.
Two potential bearish patterns completing at the same time : Shark pattern in yellow (Spotted on both daily & H4 Charts), Crab pattern (spotted on H4 Chart) in light blue R:R shown is for crab pattern : 2.5 (TP1) and 4.5 (TP2). I will update the R:R for crab pattern as well both patterns complete. Stay tuned.