As the title says, I’m looking for a breakout and confirmation of it. It is one of the best projects around 😉 It is not a financial advice. Always do your own research.
Hello traders and investors! Let’s see how NIO is doing today! First, NIO defeated the purple trendline , breaking the bear trend seen in the 1h chart. But there is no bull trend yet , as we have no higher highs/lows. But we have a pivot point at $ 34.15, and if defeated, this will be the beginning of a new bull trend in the 1h chart, which could spread to...
This looks like a regular shark pattern and it is a valid bearish shark pattern, but I'm seeing this harmonic patterns has a 90% chance of failure, meaning to say it is most likely to have a bull run than a bear run. I've been trading harmonic patterns for 10years and on my personal observation when certain setup matches others, it will give a sign of the pattern...
Instead of the bearish shark pattern on the 4-hourly chart, I'm seeing this as a bullish flag pattern on the 1-hourly chart, and the likelihood of a failure shark pattern. Let's see how this trade pans out, as I'm waiting for a buying opportunity within the greybox, but what I prefer is the navy trendline retest.
USDJPY could be 1 of the most interesting setup, it rarely became my top watchlist among 12 others of her peers. At this moment, I'm waiting for another shorting opportunity and that will happen when the candle touches the profit trendline(red) of the bearish crab pattern. My plan will include shorting of this pair and extend my second target to the blue trendline.
I'm waiting for the Bearish Shark Pattern checked back for a shorting opportunity as a counter-trend trade. I will be waiting at the lower-timeframe for candle confirmation to engage this trade.
There are a lot of people that have been looking at our price action on the weekly and suggesting we are in a mere consolidation pattern. Or they look at the monthly chart and again state we are in a consolidation pattern. To split the difference I am looking at the 15 day chart to fairly split the difference between the two as it is the closed to both doubling...
Enter when the price reaches the uptrending support line and hold for more than 6 months atleast. it will blow up.
W pin bar. Break of tend line is another signal for bullish. $pltr
In the Ocean, Shark is a crafty predator and in the Harmonic Patterns, Shark Pattern is the most tricky setup and it has to be traded with caution. I'm waiting for the 1-hourly candle close to confirm this trading setup. Candle Confirmation is needed for such counter-trend trading setup.
Well, we have a bearish shark setup on the 1-hourly chart, will you short from a strong UK Pound movement? I will? What I needed is a pullback that is sufficient for me to shift my stop-loss to entry. Nevertheless, the Reward: Risk is acceptable.
CADJPY double topped with RSI divergence. This particular trading setup is more like a counter-trend trade then a trend reversal trade.
I'm excited about the market open and GBPAUD has a part to play in that. I'm waiting for the bearish crab pattern to form and confirm on the 1-hourly chart, which means it is almost certain that this crab pattern will form this coming Monday.
Will this pair eventually be a bearish shark pattern or a type2 bearish deep gartley pattern? And all this will be determined by the candle close. Latest by Tuesday, 11May21 we will have an idea of this trading setup.
If you have shorted USDJPY, it is a good idea to keep it. For traders who have not engaged in the trade, a good level to consider engage is at 109.03 for a shorting opportunity at the base of the descending triangle.
A potential bearish crab pattern might form up on GBPUSD. 1.3930-1.3917. Trend following traders can wait for the market to consolidate between 1.3930-1.3917 for a buying opportunity.
After a long wait, the bearish shark pattern is about to emerge. I'm waiting for a double top to form up on the 4-hourly chart at 1.2181.
Hello Tradingview community! We have a strong divergence on PLTR, and an Advanced Breakout on the RSI. I did an educational post about advanced breakouts and how to trade them, I recommend the reading! ;) Now PLTR is in an extremely oversold area, and it will likely do a rally next. In the 4-hour chart we have a good looking hammer, and a rally to one of the...