Ravencoin has Bounced once from this Logscaled Gartley and failed to Breakout of the Channel and now maybe looking to come back down to the PCZ and hopefully hold on to a Double Bottom. However, before RVN can even come back down to the PCZ it must first breakthrough the Heartline of the Parallel Channel on which it currenly so happens to be resting. Due to a...
Algorand is currently sitting at 3 Year lows which happen to align with the log scale 78.6% Fibonacci Retrace and has with the assist of some Bullish Divergence, Bounced back above the Descending Trendline. If we get the ideal performance from this price action, we could see ALGO eventually make its way to 78.6% retrace above at around $1.5 or even higher.
If you are in trading for a good 10 years, you would understand the effect of the Safe Haven Currency. And this is 1 of the reason why I've been waiting for a buying opportunity and finally the long waiting setup is here. A Bullish Shark Pattern completion at 132.12, I'll be waiting for a Candlestick Pattern confirmation before engaging the trade.
The Bullish Shark Pattern(right) has not reached its final target level. Trend Traders could wait for a buying opportunity off the 4-hourly chart(left), support level at 1.0748. Should the Candlestick Pattern break and close below it, I'll be waiting for Bullish Bat Patterns that completes at 1.0562. And because the Point C of the Bullish Bat Pattern touches...
On the Daily Chart(right), the Bullish Shark Pattern has not completed its final target. The 4-hourly chart(left) allowed us to get involved with the trade at the Key Support Level. A double bottom with an RSI Divergence would be my cue to engage the trade.
Could this be a good call and setup for a buying opportunity on this Bullish Shark Pattern? It has a retest with RSI Divergence.
It is very clear that the US Tech 100 has been found consolidating for a long window as part of the cooldown, the strong support window allowed for a reversal, and currently, it is trading perfectly such that it will take major support as quoted and take a move to R1 and R2 and then soon we can also expect a short covering rally, flying into 13000, it is good that...
On the right is the Bullish Shark Pattern that has been identified since the week before(related idea is within this TradingView post). On the left is one of my favourite trading setup, the Sideway Bounce trading opportunity. Trading from end to end gives 213pips(2,130usd/lot) of profits potential. The market has to touch 1.0745 to complete the Sideway Bounce...
Bullish Gartley Pattern at X is a trading setup that most Harmonic Patterns Traders won't be taking. I'm waiting for a retest at 0.9050 in waiting for a buying opportunity. The retest will have the Bullish Shark Pattern form up on the first time on the 1-hourly chart. A perfect setup for a Combo Trade Trading Management.
On the right, the Bullish Shark Pattern has been completed. A retest at 1.0530 would give an opportunity for trend traders to engage in the trade. On the left, the sideway bounce trading setup on the 1-hourly chart gives traders like me to trade it both ways, shorting and buying opportunities. However, my focus will be put on the buying opportunity at 1.0537 to...
$1824.47 is a Great price for me to engage the Gold on a buying opportunity, especially a Bullish Shark Pattern has shown me an opportunity to get involved. Normally I don't like to engage the trade on a Friday evening(SGT), but a trade like this with RSI Divergence it's hard to say no.
At the start of the year Natural Gas had a potential Bullish Shark setup at the minimum .886 PCZ and it ultimately failed to pivot from there but now we are significantly lower at the 1.13/1.618 Confluence zone of this Shark and are showing Bullish Divergence on the MACD as well as a 3 White Soldiers pattern on the daily. The bullish Target for Natural Gas...
The Bearish Shark Pattern with a HUGE cross might not complete this round; instead of the Shark Patterns, it could form a Bearish Gartley Pattern. Personally, I will have my focus on the Bullish Shark Pattern that is completing at 1.188. I've a Bearish Biasness on the GBPUSD based on the higher timeframe, which means the buying trend would be a means to an...
A buying opportunity and shorting opportunity present on the EURUSD trade, which would you take? On the higher timeframe(right), there is a buying opportunity base on the Bullish Shark Pattern that is completing at 1.0519. Although the trade is within the Buy Zone(blue box), a retest at 1.0519 with an RSI Divergence is preferred. On the 4-hourly chart, the...
XRPUSDT has been creating a daily channel, indicating a period of consolidation and uncertainty in the market. However, after a bullish impulse, the market bounced off the 0.618 Fibonacci level, which is a common level of retracement in technical analysis. This retracement suggests that buyers are still interested in entering the market and that there is strong...
BTC is sitting at a confluence zone of the 200 SMA and 1.13 Bullish Shark PCZ while showing heavy amounts of MACD Bullish Divergence; If this area holds i think BTC could go up to target the 2.618 Fibonacci Extension at $27,275.50. If it fails to hold above this level of confluence then it will likely flush down to an 88.6% retrace below
NGAS The symmetrical abcd pattern was completed at 2.49 and the bullish shark pattern was forged at the golden fib extension a couple of points($) below at 2.44. Both patterns suggest a bounce that could send ngas trading back to $5, which is equivalent to a move of 100% or 25k points above the current price. We have new fractal support at 1.96 - just below...
A Type2 Bullish Shark Pattern setup with RSI Divergence on AUDUSD off the 4hourly chart. What is nice on this setup is the long tail candle on the 1hourly chart on the left that got me interest to engage the AUDUSD trade.