Compare to EURJPY, AUDUSD has a better Shark Pattern formation and that is because the Bearish Shark Pattern forms within the previous consolidation zone which is also known as the sell zone or the supply zone. I'm waiting for the candle pattern confirmation at 0.7214. You can check out the EURJPY Shark Pattern under the related ideas within the tradingview post.
A Bearish Shark Pattern emerge on EURJPY at 131.63. Have you spotted the possibility of a Bullish Shark Pattern within the same chart? This makes EURJPY an interesting currency pair to trade. I will wait for candlestick confirmation to engage this trade. What's your trade plan?
A Bullish Gartley Pattern could be a buying opportunity for many, however, I will wait for a confirmation signal, at least a reversal candle before engaging the trade. What concern me is the candle formation on Friday close. I may engage the trade as early as 2hours after the market open on Monday.
AUD/USD 4hr trendline break, in this ascending channel price hit trendline 3 times before it broke. Will be looking for a full retest to last swing high or even trendline than candle play for a possible short-setup. What are your thoughts on this play?
Let's see how this trade's going. A potential Bearish Bat Pattern on NZDUSD. Depends what time it form as tomorrow there's a NFP.
Bullish Shark Pattern complete at 155.85 for a buying opportunity and base on structure, it is viewed as a trend trading setup.
$TSLA Bearish Spinning Top candle falling back on the 50 EMA after being rejected by resistance Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The...
Once price reaches 1.35600 I will be looking for strong bearish candle play before entry. Also if price breaks the (Red) daily trendline, I will be waiting for the retest for a possible short setup. What do you think about this idea?
💎 ETHUSDT oh H4 after it got rejected from the major support zone, we see a Bullish setup has formed. S we can expect that the price makes HHs and HLs in the following days. The first target would be the first major Resistance zone 💵 Invest Only 5% of your Portfolio 🎳 Entry now or from 03728.10 - 3624.53 ☕️ TP1 3994.54 🍺 TP2 4294.84 🍻 TP3 4600.00 🍾 TP4 🍷 TP5...
After the hard Fall which just occurred for Bitcoin , it managed to rally up again, leaving us with a potential "Bullish Hammer Candle". The Hammer Candle is not yet confirmed, so taking a Trade right now is not recommended. The Hammer Candle gets confirmed if the following Candle closes above the closing price of the Hammer Candle itself, ideally, with sings of...
GOLD is moving in ascending channel (Rising wedge) also RSI is above 50. There is chance that it will retest its support level 1800 before moving more up.
Hey guys, this is Julie 😉 Let's talk about XTZ today, because it is at a very important and decisive point: As we see on the daily chart, XTZ is now above the 21 EMA, and this region coincides with a resistance level (green line). Additionally, we have the 61.8% Fibonacci Retracement very close to today's high. So, as you can imagine, XTZ will need a lot of...
Disclaimer: Any of the content presented on my page showing my analysis of the market is just that, an analysis which means this is my personal opinion of where the price is going to go. Do not by any means take this simple analysis for a reason to enter a trade, I am not presenting these analyses as a form of signals, simply a way to get feedback and opinions...
The long upper wick of the candle is a sign of price rejection. The first bearish pin bar on November 22, followed by another higher high long upper wick candle on December 1, is a sign that the trend is about to bend. Confirming the two sign is followed by another higher high with Bearish Engulfing Candle, this candle pattern could be the confirmation that the...
In the short term, the stock has resisted after a pullback..918 marks the strong support zone, below 918 one can go short with 1:2 risk: reward ratio. Shall update levels once triggered.
Hey guys, this is Julie =D Let's talk about MATIC today: Have you seen this big divergence in the OBV? It is even higher when MATIC was at its highest price! To me, this is the best sign that MATIC IS GOING TO FLY! We also have this amazing bullish candle today, closing above what seems to be a resistance level (orange line). Now it has just reached another...
Bearish Shark Pattern as a countertrend trade is something I would engage. The reason is Point D is at Point X of the Shark Pattern that acts as an Additional Resistance level for a counter-trend move.
GJ has just broken below previous support / demand zone from which we are currently watching a retest. If we get some nice selling pressure we are looking to place a sell on GBPJPY. A word of warning, we can expect price to 'fake-out' above this zone all the way back up to our supply zone (yellow box) or even to the 61.8 Fib level before we see a continuation to...