On a trend-trading move, USDJPY has a bearish shark pattern form up on the double-sell zone. Waiting patiently for the price to head straight to sell zone for a trading opportunity.
Updated on 28-06-2019 - Buy 1. Daily frame is shark parten and ABC 2. MACD has a positive divergence, is going to point C to complete the ABC model, in case point C is higher than A in MACD, it is a very good buying point (because SL is extremely low compared to TP) 3. RSI has devergence signs 4. The highest point marked in red in MACD has not been tested again
On two weeks chart after a long time at last the 25SMA has crossed down the priceline to lift the price up very soon insha Allah. Therefore I have defined the buying zone between 0.886 to 1.13 fibonacci. The bearish shark with all required dimensions from X to C legs is formed soon when the 25MA will lift the pirce action up the formation of C to D leg will be...
The KyberNetwork is moving within a pennant and since dec 2017 the support of the pennant cannot be broken even after 6 hits on the support. At the moment the price action is again hitting the support of the pennant but this time it is also at 1.13 fibonacci of bearish shark pattern and due to the strong support of pattern the price action will not move more than...
The price action has formed a bearish shark from X to C leg. Now the priceline has entered in potential reversal zone and we have pivot 1st support withing this PRZ area which will push the up to hit the sell targets soon insha Allah. Volume profile is also showing very poor interest of traders in this area. The targets are: Buy between: 0.00000168 to...
Chart Finish to create a Harmonic Pattern Sell Opportunity after create a retest and break X price
After Nov 2017 the price action is touching second time the triangle's support. And also forming a bearish shark. Soon the GVT will hit the sell targets insha Allah. The targets are: Buy between: 0.0003145 to 0.0010350 Sell targets: For secure targets sell between: 0.0016345 to 0.0030305 For aggressive targets sell between: 0.0038538 to...
Bullish Shark, ab=cd and strong support at the same level. I'm gonna open a long position in highlighted area only with a good price action signal. Good luck.
From X to C leg the price action has completed all dimensions of bearish shark pattern. In potential reversal zone the MACD got strong bullish in dec 2018 but now it is weak bullish but on week chart it is again strong bullish soon it will be strong bullish on 2 week charts again. The stochastic is already oversold. From here the price action will move up soon to...
The FUELBTC is moving down within a falling wedge. At the moment the price action has hit the wedge's support and and the meanwhile it has also formed the B to C leg of bearish shark pattern and entered in potential reversal zone. MACD has also given weak bullish signals. From here it will move up to hit the sell targets soon insha Allah. The targets are: Buy...
Updated on June 22, 2019 - "SELL" 1. Frame D1 of candles gradually leaving Bolliger Band and there have been candles covering before falling 2. Completed the model of the next shark that will be a shark or AB = CD model 3. There have been devergence signals in RIS and MACD 4. The MACD section of the lowest old bottom which has not been tested is expected to retest...
A bullish shark that I have a position in and right now before my 2nd target was hit, another bullish shark(baby shark) might just form up, if that happens I will take it. Will you?
Emerging Shark Pattern on both trend-trading and counter-trend trading setup. Bearish Shark is on a trend trading trade and bullish shark a counter-trend trading opportunity. Of which setup will you prefer? Comment down below.
On the daily chart, GBPJPY is on a bearish trend, a better entry opportunity as a trend trader lies on the 4-hourly chart(right) waiting for the bearish-bat to form up for a shorting opportunity. For the counter-trend trader, the 1-hourly chart presents a long opportunity. Best of both world.