A Bearish Shark setup formed on the 4-hourly chart as a trend trading setup. There is 1 warning sign and 1 advantage within this setup. Could you spot it? Clue: The warning sign is within the 4-hourly chart and the advantage is on the daily chart. Comment down below and the answer will be revealed by the end of today.
If you are an aggressive trader, you might probably have shorted this pair. If you do, stops will go above the tip of the red box that is seen as the sell zone with buffer and the first target will go to the immediate structure close. A good 1:1 for target1.
USDCAD has one of the best setups for the week. Aggressive Traders can consider shorting the Bearish Bat Pattern as a Trend Trading Strategy. Conservative Traders can wait for the market to pull back to 1.2562 for a shorting opportunity on the Bat Pattern. If you are adventurous and you are familiar with the USDCAD movement, you can even stretch the final target...
We have opportunity for sell after third touch in the running chanel After clear impulse and correction on D TF I expect to see price around 0.66000
A Bearish Deep Gartley Pattern is about to emerge. It seems that recently is a Gartley season. What do you think? What I like about this setup is that the Harmonic Pattern is formed within the sell zone.
The third is the charm? Well, all my Pound pairs have the Gartley Pattern, so which of these 3 Bearish Gartley would you prefer? Comment down below. The Harmonic Patterns setup on the GBPAUD completes within the sell zone. However, it's also one of the patterns that is yet to complete.
On the Daily Chart, USDJPY is on a potential Bearish Head and Shoulders which coincide with the Type2 Bearish Gartley Pattern and the 15minutes chart Bearish Bat that you see on this 1-hourly chart. I'm waiting for the Bat Pattern confirmation on the intra-day timeframe and head in for the shorting opportunity. This is the only trading idea I have that allows...
Isn't it great to have the target hit, exited from the previous Bullish Bat and here we have a Bearish Gartley Pattern within the Sell Zone? And it is consider as a trend trading setup on the 1-hourly chart.
The areas marked are the zones whales hunt within ... they seek liquidity in these zones and don't like remaining within them for very long ! While they appear in likeness to FVG , they are fairly different . These zones act like walls , on either side lay lots of buy and sell orders which remain in place. These zones are where whales buy/sell and if you...
If you had watched the video analysis, you would have seen how the wick of the candlestick touches the Bearish Parallel Channel and reverse. That's when you know you have plotted the trendline or channel accurately. Within this 1-hourly chart, from X to A leg, there is an AB=CD Pattern hidden within the setup. Are you able to spot it? This is a quick check on...
We have already posted our Bullish trading plan (please review related idea below), which is the one we are leaning more towards. On our Bullish scenario we will be taking more entries with less indicator confirmations. This plan is for our Bearish scenario and we will only be taking sells on the levels identified and with our technicals and indicators. Please...
looks like shib is touching the buy zones preparing to reverse. supports lining up very clean along with buy zones. a lot of touches from candlesticks are indicating a strong overall up trend no matter how you look at it. SAME GOES FOR THE MARKET. from the looks of it, chart is telling me we will be hitting .0001 very soon :) also look for trading...
EUR depreciating after a year and a half of staying within the same range, the fundamentals and technicals both point downward for the time being. Disclaimer: This is a risky and long-term holding position, you can stay in the red for months before getting in profit, however if you have discretionary skills and get in at the right time, you might be able to make...
Before we go into the Shark Pattern, the EURUSD has a Bullish AB=CD Pattern on the daily chart and it's making a check back. This could just be 1 of the better setup that counter-trend traders can wait for a buying opportunity. Trend Traders have to be slightly patient as 1 opportunity you can hop on is the Bearish Shark Pattern that completes at 1.1451 within...
As we can see at chart clearly, its already create a latest LOWER LOW and ongoing to create new HIGHER LOW. Sell zone at price 1.3470. Target TP at LOWER LOW
A Bearish Shark Pattern complete at 0.9232 on the AUDCAD 1-hourly chart. If you are looking to ride on the buying trend, a buy entry when the candle touches the blue trendline as long as it never breaks and closes below the trendline or the immediate candle low price. Personally, I won't be looking at that, and that is because there is only a 30pips profit...
An emerging Bearish Shark Pattern completes at 0.9260. Upon completion of the pattern, the price of the candle close is important to determine if the sell zone is broken. If you are looking for a buying opportunity, a retest on the bearish trendline(blue) without closing below the trendline can give you an aggressive buying opportunity.
Touching trend line, also in orderblock area, time to enter the market, time to sell. First target set.