Get started

Bullish Shark

Bullish Shark Potentially Targetting 38k-48k on the WeeklyWe may see a spike down during the weekend but despite that we do have an oversold condition while BTC sits at the 1.13/1.618 Pattern Completion Zone of a Bullish Shark Visible on the Weekly and if it plays out we could see it rally up between a 0.382 at the least and a 0.55-0.618 Fibonacci Retracement if the pivot is strong. If BTC wicks down during the weekend and triggers my stop but comes back up to the original entry zone then i will reenter though preferably BTC will just go up from here without any stop hunting.
COINBASE:BTCUSDLong
by RizeSenpai
(Episode #556) GBPAUD - Bullish SharkThis is a very different Weekly Market Analysis, seldom do I share a Weekly chart setup but this is special and close to my heart, a Shark Pattern on GBPAUD Weekly Chart. The Bullish Shark Pattern is valid, if you have deep pockets, you can consider this trade, you are looking at more than 1,000pips of potential profit to only Target1. Yes! You read it right, more than 1000pips of profit potential. Personally, I will be watching this trade closely in the lower timeframe for a trading opportunity. This could be my trade of the year.
Long
by RaynLim
UAA, bullish retest falling wedge. Under Armor, a stock I have been watching closely. Multi-year falling wedge breakout and retest. Volume is screaming capitulation coming into 07 high of $9.28. RSI on the macro TF'S are oversold so I am very interested. Trading at a lower P/E ratio than peers in the sports brand sector. 10 SMA tracking sideways indicates a sideways moving market and we are certainly at the lows of the range ($7.15-$27.5) so slowly nibbling into weakness is the way I'm playing. Initial targets of the 10 SMA lining up with the eq of the range at $17.30. I'm not really a big harmonic kinda guy but we have a bullish shark in play, SL-$5.97 TP1-$16.41 TP2- 26.19
NYSE:UAALong
by Chopstick_Charlie
2
USDJPY-Weekly Market Analysis-May22,Wk3The moment the trendlines have been violated, they can be repurposed as an indication for a shorting opportunity. If you head in for the short, you are taking the counter-trend move or trend reversal move. Do note that trend reversal happens only once or twice out of ten times. Do take a conservative approach if you have that trading plan. There are two-level that traders can take note of, the blue box that indicates the buy zone and the Bullish Shark Pattern completion at 124.28.
Short
by RaynLim
USDJPY-Weekly Market Analysis-May22,Wk2USDJPY has lots of interesting trading opportunity. Start off with the 1st zone of the staircase formation. The Green Zone(1st Zone) you can wait for shorting opportunity at the top of the box and buying opportunity at the bottom of the box. The second chance to engage the trade is when the market retest the trendline but fail to break and close below it. The third chance entry for trend traders would be the Bullish Shark Pattern setup that completes at 124.30. Which setup do you prefer? Comment down below and tell us why.
Long
by RaynLim
AAL - Bullish reversalNASDAQ:AAL had been in a downtrend since march 2018. After the significant dip in march 2020, buyers shown good interest in it and kept the price above 10 for couple of months, making a strong support level. Bullish shark harmonic pattern has also been formed and price reversed from PRZ(Price Reversal Zone) level. Price marched up to meet the demand of buyers and faced resistance around 25.80 which was a previous support level. Price retraced for couple of months but with low volume. Finally, in march 2022, price did a strong reversal from 16$ support level with a significant volume making bullish hammer. That marks a higher swing low and is a strong indication of a bullish reversal and price is likely to go up to 26$ for a short term target. If it break 26$ level, then a strong bullish trend can be seen.
NASDAQ:AALLong
by PriceActionTrader1
EURUSD-Weekly Market Analysis-Mar22,Wk3Traders need to plan their trade; even there wasn't any trading setup, this happened to us last week(check last week's related ideas within TradingView). This week, we have upgraded from a Zero trading setup to a VIP trading setup. We have a Bullish Shark Pattern complete within the Buy Zone on the 1hourly chart. What makes this trade special is that we could use the Trade Management system to stretch our final target to the Bearish Deep Gartley Pattern on the 4-hourly chart.
Long
by RaynLim