USDJPY has the most complex trading strategy for the week. I'm waiting for USDJPY to complete it's Bearish Shark Pattern within the intraday chart, 15minutes timeframe and I will short the Shark Pattern and have my final target stretch towards the completion of the Bullish Bat Pattern on the 4-hourly Chart. If it is too much for you, just take the usual target.
EURUSD on the 4-hourly chart has an Ascending Triangle. On the 1-hourly chart, there is a double top and you can wait for the market to retrace back to 1.1451 for a shorting opportunity. The first target will be at its immediate low at 1.1402 and the second target will be shared with the inner-circle.
Deep Gartley Pattern has formed up on GBPJPY and has retested X. Counter-Trend Traders can head in for a shorting opportunity.
Price show signs for a short term push to the 200EMA If the 200EMA holds then we will look for another Short
An ABCD Pattern has formed. If you have missed it and would like to engage the trade, you could wait for a retest at 0.9075 for a buying opportunity.
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?
Compare to EURUSD, the GBPUSD Bearish Deep Gartley Pattern isn't as promising. There are 2 reasons for that: 1) The candle break and close above Point D, the PRZ. 2) Point BC has a violation. You can DM me on the reason for the violation and I let you know if you are on the right track. However, if you are a 4-hourly chart trader, you can wait for candle...
This count is based on my assumption so anything can happen not a trading or financial advice just for educational purposes only trade with care good luck.
Before you enjoy this setup, this Shark Pattern has a warning sign in it. The PRZ of this Bullish Shark Pattern is complete at 75.71~75.52. Other indicators are required for me before I engage in the trade.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
*** Trade at your own risk! *** *** Not every idea is also traded by us *** Hi Traders! The setup of the idea is that the price is at an Area of Confluence right now and that leads us to a Pullback. It represents a Counter Trend Trade. The Area of Confluence, where price consolidates, are... @ the weekly Support and @ the Bottom of the Channel and ...
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.
Undeniable GBPUSD is on a Bearish run. However, there is a chance that the counter-trend traders may push, once the market break and close above the Buy Zone(blue) especially on the Daily Chart, the Blue wins. For Harmonic Patterns traders or trend traders, there is an unbroken Bearish Gartley Pattern on the 1-hourly chart that is ready to be traded once the...
I know, I know... Lots of Harmonic Traders will not take this trade. But personally, I've tested this particular formation for more than 5years and it works perfectly for me so I'm going to take it. Deep Gartley Pattern at X is my favourite setup as it gives 1 of the best reward:risk ratio which happens to be the top 3 filters in my list. Combo with long shadow...
I hope this should enlighten you more to know that we are now going to be printing some downtrends in currency AUDUSD, there was counter trendline analysis I made there and that should also help after completing the “M” formation we should see a little move to the upside and continue the downtrend, I’ll be glad seeing AUDUSD in $0.65-$0.60 levels As you can see...
Depends on how you read your Head and Shoulders. I'm waiting for the right shoulder to form at 76.26, which is near the zone of a Bullish Shark Pattern in the 1-hourly chart.
The market setup for this week is interesting. We have a couple of setups that work on the lower timeframe and we have seen a couple of AB=CD pattern setups and complete. USDCAD has an AB=CD pattern setup on the 4-hourly chart that works on the 1-hourly chart as well. What I would like to see in this Bearish ABCD pattern is that it touches 1.2812 which is also...
A Bearish Bat Pattern is complete at 0.9191 on both 4-hourly and 1-hourly charts to provide a Trend Trading setup. However, if the market slide towards 0.9050 instead, we have the Bullish Butterfly to catch the move on a Counter-Trend trading opportunity. So which Harmonic Pattern setup would you prefer?