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EURUSD I will stand aside and not engage the trade until the Bullish Shark is formed on the Daily Chart.
A bullish shark forming up on Daily Chart, will observe if there is any other opportunity but do note that new highs are created.
Exact Strategies, Entry, Stops and Targets will be shared to our inner-circle
TVC:GOLD Trick or Threat : $1211($1236) >< $1198($1154)
Silver has been oversold for some time now. There is a nice bullish shark setting up. Also, take note of the divergence between price and RSI. This is all dependent on the USD of course, but we could be looking at a bounce up from here.
Bullish Shark formation complete on previous low(H1), will need for confirmation to engage, counter-trading for this trade, may exit on 1st target and it solely depends on how candle for up at target 1 completion.
Targets will be shared to inner-circle
The overall market is still on its bearish run. For the counter-trend trader, you can certainly look at the Bullish Shark formation of AB=CD that completes at the blue line for a counter-trend trade.
Just note that if you are counter-trend trading, do consider a conservative target.
The market is still on its bearish move but for our inner-circle subscriber, they must be delight that they have engaged the short trade on USDJPY as they have received the Trade Ideas Position on a Bearish Bat formation.
2 possibilities right now to long USDJPY, one is on Bullish Shark completion, another is based off AB=CD.
Which is better?
It depends on your ...
Bullish Shark Appear, trade has already engaged as this is a counter-trend trade though with relative great reward:risk, I will be taking conventional targets.
Bull Shark Formation forms within the buy zone I was looking at. Typically a shark pattern has 2-3 different entry point, do take note of that and do not trade off blindly.
Course Director of Harmonic Pattern will be having a 3-hours sharing session on 1 of his favorite pattern - Bull Bat Formation.
PM me if you are interested to attend, that will be on 11 Sep ...
Shorted this trade, using SL base on Butterfly as the stop is still above the X leg of Bear Bat.
Taking conventional target based on Butterfly but Target2 I'm watching closely for the completion of Bull Shark.
This is what I call Pattern over Pattern
Bull Shark formation setup before a bigger formation.
AUDUSD 30M Chart Looks promising as Support is holding the price up as well as Harmonic Pattern Bullish Shark
is Identified Keeping Target Smalls it could potentially go UP!
Here's our Preferences,
BUY NOW or - 0.73679
STOP - 0.73534
TARGET - 0.74092
More updates will be posted under this thread,
have any doubts? then, let us know in the comment ...
IOTAUSD SHOWING A POTENTIAL BULLISH SHARK FORMATION
WAITING FOR PRICE ACTION TO REACH THE 113 & 224 FIB ZONE
A potential bullish shark pattern might complete soon with RSI almost at the oversold level as well.
PRZ is at a good support level.
Nice R:R at 3.8. Good luck.
In our premium section, we have published a bullish shark pattern which worked as predicted. - Attached idea -
Our second target was 1.93300.
This level is very important for the continuation of the bullish move.
As seen in the chart, price tested the resistance twice. The breakout and close below 1.93300 will carry the price 1.94500.
We recommend paying ...
Reason that may Push AUDNZD upwards
Reason 1: D leg of Bullish Shark pattern
Reason 2: W1 Minor Support Zone
Reason 3: W1 Major Support Trendline
P.S: Wait for clean Buy signal confirmation
on D1 & H4 chart to long this pair. If Pair
continues to go down without forming bullish
confirmation signal. Don't place any orders
Rough prediction, can't tell without more candles forming. EURCAD short for now at approaching price
Potential Bullish Shark On EURGBP 4hr.
Wait for it................................