Compared to his siblings, NZDJPY, NZDUSD has a better setup. Both having bearish bat pattern o the daily chart, both having bearish engulfing with a pink arrow on the 1-hourly chart but only NZDUSD has a bearish deep crab setup. Pending Order place for his trade and let's see how this trade turns out.
Based on the higher timeframe, this is a trend trading trade. The shark pattern has confirmed and I will be placing the pending order. I might extend the second target.
A bearish shark pattern completes within the sell zone, right now I'm waiting for candle confirmation before placing in the pending order to engage the trade. This is important because of the recent strong bullish movement that was circled in yellow. Traders stay calm, even you have waited for a trading setup for weeks, you shouldn't rush into it just because it shows up.
A Bearish Deep Gartley pattern setup at X. While not many harmonic patterns traders trade this kind of setup, it's kinda perfect for me because i) I've tested it extensively on the pairs I'm trading ii) It provides an amazing Reward:Risk. Pending Order has been set up on this trading setup, let's see how this trade roll out.
Last week the 5-0 Pattern was spotted and the trading opportunity was share in our group(link at the bottom). The candlestick formation and RSI Overbought was not the only reason that triggers me to short the market, but also on the higher timeframe, the daily chart(right) has a bearish bat setup. Although, the bearish bat pattern has triggered alert of this trade...
Waiting for a shorting opportunity within the sell zone, this will be a trend reversal trade I'm looking to engage as the Daily Chart shows RSI Divergence. It could be as simple as a retest of previous support level turn resistance or a bearish bat pattern form within the sell zone to engage the trade.
Well, if you are trading for some time you won't expect the market to maintain the 45degree appreciation forever, at some point there will be a retracement. If the market break and close below the trendline, I will observe closely on the area of buy zone(blue box) if it is strong enough to hold the support for me to engaged an additional buying opportunity. I'm...
Bullish Crab has check-back and shows a nice setup for a buying opportunity that I've waited for months. On the daily chart there is a bullish bat pattern that has also checked-back. Let's see how this trade pans out.
Woooo. Finally a break and close above the resistance and this confirms a bullish flag trading opportunity. The Bullish Bat pattern was spotted on the Daily Chart as early as 8 Jun 2020, patience is required when you are trading on a higher timeframe. When we are new in trading, often not we engage 1 trade and look for the next product to trade, in fact by...
A bearish channel a level that trend traders can look for a shorting opportunity at the tip of it and counter-trend traders can look for a buying opportunity at the bottom of it. Candle confirmation on this trade is important, and this will be an add on to the existing trade I had on the Head and Shoulders(link at the bottom) which I've shorted it based on the...
A check back on the retracement of the double top setup gave an opportunity to engage the trade. At the blue trendline, it will be level I'm observing if a break below and close below the trendline is going to happen, for that I'll leave it to the alert set on trading view. If you do not have an account with a trading view yet, clear your cache, set up a new...
A pattern over pattern, the emerging bearish shark completes at the region on the Type2 Bat Pattern, a confirmation is needed to engage this trade setup.
A bullish butterfly check-back spotted on EURJPY Daily chart. A special trade plan has developed for this setup and pending order are in place, for a lower stop and higher returns. Let's see how this trade work out.
Waiting for a check back on this bearish bat that coincides with a Bearish Butterfly TypeII setup that is on the 4-hourly and 1-hourly timeframe.
A bullish butterfly converge with bullish bat set up at the same entry price, trade has engaged in the account of the candlestick pattern and a great reward:risk
Multiple setups formed on multiple timeframes. The weekly chart bullish bat, daily chart, bullish shark, 4-hourly and 1-hourly bat and M15 emerging bullish butterfly. I can easily call this the royal flush, can't I? I can't stress more on how important is this trade setup means to me and to the market. It might be one of the most important counter-trend trading...
A bullish deep Gartley form on the 15-minutes timeframe. Have to wait for the candle close and confirmation before engaging in this trade. Patience is required. If a break and close below D then I will be waiting for the previous low at 116.39 to engage the trade as a bullish crab.
A bearish crab setup from within the consolidation area of the potential bearish flag setup on both the 1-hourly timeframe and 4-hourly timeframe. Trade has already engaged.