We have a Bunch of MACD Bullish Divergence att the PCZ of a Bullish Shark looking to Square-Up the Range and potentially make a 500% Move to the Upside. As for stops i honestly cant think of an area that would be suitable to put a stop due to the lack of support zones to base the trade off of so what i am going to do is buy some call optionss expiring in tthe...
That is why the Shark Pattern and the Crab Pattern is the toughest harmonic pattern to trade. And that is also why we must ensure that our students are well-versed with Harmonic Patterns and have profited from other Harmonic Patterns before we teach these bad boys. We are back into the waiting phase; I'm waiting for a 3-bar reversal pattern to engage the trade.
As mentioned yesterday in our private channel(check the link at the footer) that today will be an active day for traders. I've engaged in this counter-trend trading opportunity, the Bullish Shark Pattern. If this setup fails, there is another level of opportunity, as we know that shark patterns can be tricky. Please do your own analysis and do not follow blindly.
EURJPY has a potential Bullish Shark Pattern that is completing at 136.48. This may allow traders that have missed the Bullish Bat that coincide with the AB=CD Pattern that complete on the daily chart and has its first target of 441pips attained.
Bullish Shark pattern target is matching the numbers - it says 19.5k for the 0.886 fib, or 18.3k for the 1.618 fib. Either one can happen. The 1.113 fib has confirmed our top for BTC at X-B (it head dead on) I have changed my LONG to order at 18.3k, with the same LONG TP as in the "Link to Related Ideas" chart I posted yesturday. The thing that convinces me is...
A counter-trend setup on GBPUSD, a Bullish Shark Pattern that is completing at 1.2015. As Shark Patterns can be tricky, a candlestick pattern confirmation is important.
A Bullish Shark Pattern has checkback and retest. It seems like a busy Monday for Japanese Yen traders.
Shark Pattern is the most tricky Harmonic Patterns, I will have to wait for candlestick close at 1pm(GMT +8) to decide if this is the trade for me.
This is a Potential Bearish BAMM Play on the USDT.Dominance that if it plays out could take us back down to the overall .786 retrace of the Harmonic Range which is Confluent with the .886 retrace of the Currently Potential Harmonic Shark BAMM; The Shark BAMM will be confirmed once price trades below the B point of the Shark but as of right now it's atleast trading...
A Bullish Shark setup on the 1hourly chart coincides with a Type2 Bullish Bat Pattern on the 4-hourly chart. This is the kind of trading setup that I like to engage in or plan to engage in. I'm waiting for a retest to get in the move since I've just benefitted from shorting the same pair on a Bearish Shark setup. Could you spot the Bearish Shark Pattern hidden...
We 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...
While EURJPY has a great setup for the coming week, AUDUSD might give us a surprise too, a Bullish Shark Pattern is looking to complete at 0.6865, which enables counter-trend traders for another great trading opportunity. But as mentioned, the Shark Pattern can have as many as three entry zones. Traders need to wait for confirmation signal before engaging the trade.
This 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,...
As soon as the market opens, harmonic patterns traders might head on to this Bullish Shark Pattern, but what's important is to wait for the PRZ to be completed, a touch of 1.2734 is required to validate the setup and it is to the Shark Pattern discretion if he or she will want to wait for the check back 1.2716 before getting involved with the trade.
Will be trading this via the Janurary 20th, 2023 CALLs at the Strikes of $9-$10 As we Potentially Double Bottom while Testing a Previous Resistance Zone as Confirmed Support.
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...
The 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...
Buying here in anticipation of a Potential Bullish Shark Confirmation Low.