We have 3 instances of Bearish Divergence just pass the PCZ of the Bearish Shark and it now looks to be testing those highs perhaps for the last time before it begins to fall.
It's no secret that I've been looking to short Adidas for weeks before the Bearish Bat Pattern show up. As a trader, I love to wait for the precise price with candlesticks confirmation before engaging my trade; hence I miss the first opportunity. And that's ok! In trading, I have this philosophy that is better to miss a trade than to engage in a trade at a...
USDJPY Shorting Opportunity Looming, But My Bullish Bias Remains Strong In the midst of a Type 2 Bearish Bat Pattern on the daily chart and a Bearish Shark Pattern on the 1-hourly chart, traders may be eyeing a shorting opportunity for the USDJPY. However, my bullish bias on this currency pair remains steadfast. Rather than jumping on the bearish bandwagon, I...
Lets see what's the price closing in this week.
Traders who missed out on the previous shorting opportunity may have a second chance at hand with the potential setup of Type2 Bearish Shark and Type2 Bearish Deep Gartley pattern in the market. However, it is important to note that one of the downsides of Type2 setup is its unpredictability, and it may not always work. To mitigate the risk, it is crucial to...
Patiently waiting for a prime shorting opportunity on EURUSD as the market struggles to breach the crucial level of 1.1093 on the weekly chart. My strategy involves utilizing the Bearish Shark Pattern setup, which shows completion at 1.1097 on the 1-hourly chart. With a calculated approach and keen attention to market behaviour, I am poised to execute a...
We have a 1.13 Shark here with Bearish Divergence Visible on the Weekly Timeframe, and right now on the Daiy Timeframe was have a Confirmed 3 Line Strike. If things go as I expect we will see YUM work it's way down and below the trendline before then making it's way towards the 0.618 Fibonacci Retrace over the next several months.
Within the consolidation zone, a bearish shark pattern has emerged, and with the presence of a magic candle, it presents an opportunity for an aggressive trade entry. The consolidation phase offers a prime opportunity to identify harmonic patterns.
The trend fail to reverse it gonna continu to fall more likely
EURO-DOLLAR has a Counter-Trend Trading Opportunity(left). Traders looking for a counter-trend trading opportunity could wait for the market to retest to 1.0975 for a shorting opportunity. This is possible not because of the Bearish Shark Pattern Trading Opportunity, but a retest of resistance on the Weekly Chart. If this is not for you, then perhaps the Bullish...
Hey traders, in today's trading session i'm are monitoring AUDUSD for a selling opportunity around 0.67716 zone, once I will receive any bearish confirmation the trade will be executed.
It depends if you are looking for a buying or selling opportunity on the EURJPY. Traders who are looking for shorting opportunities could wait for a Bearish Shark Pattern retest at 145.31. If you are looking for a buying opportunity, the Bullish Gartley Pattern on the Trendline that completes at around 141.63for a buying. If you have no issues trading both...
We have a nice intra-week setup on the USDJPY here that could lead to a continuation of the downward trend in the form of a Bearish Shooting Star with Bearish Divergence at the PCZ of a Bearish Shark on the Hourly Timeframe
The Bearish Shark Pattern has been completed on the Daily Chart (right), but it will be crazy to trade off the Shark Pattern on the Daily Chart. A better way is to engage it off the 1-hourly chart(left) using the Bearish Crab Pattern at HOP at retest with an RSI Divergence. Hooooooo! It's a mouthful, but that's what I need to engage the trade. Even if it sounds...
GBPUSD met resistance at the psychological price action level at 1.2200. Traders looking for a counter-trend trading opportunity could consider and observe how the market reacts at the resistance level at 1.2192 for a shorting opportunity like a Double Top with RSI Divergence. Failure to hold at that level, traders can wait for the Bearish Shark Pattern...
SInce Reversing at the PCZ of a Bearish Shark WFC has formed a very clear and defined Diamond Structure. I believe that this week we will confirmed a Bearish Breakdown of Structure and the Moving Averages in which that should mark the start of a Volatile Decline to around $20 or even lower.
This candle closing price would determine whether I will aggressively engage in this trade. I need to see a long shadow candlestick pattern formation by our school definition. Do not that if I decided to engage the trade in the next 3minutes, it means that this trade would be an overnight risk trade.