Take partial at 38.2% of XC (first target) SL to break even Close the position at 61.8% of XC (second target)
We're looking at a complete bullish shark on a 4h chart for EUR/AUD, this is an excellent buying opportunity. To add to this I'm currently bullish on EUR/JPY with another harmonic pattern, you can find my analysis in the related ideas section below. Just before anyone points out I am fully aware the C point extends the 1.618 retracement but the candlesticks have...
Very similar trade idea with the EURUSD
A bearish Shark formation. Would monitor this potential setup closely as the trade idea is against the current sentiment.
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FX:XAUUSD Safe Trades;
Hey guys, expect volatile swings on JPY pairs this week. I hope the BOJ attacks the market with similar double wammy delights like they have always done. This is what I am waiting for. A news event to push USDJPY above 103 to around 103.40. Then an immediate regret at that level signified by a bearish candlestick reversal in the lower TF. This is where I will...
FX:AUDCHF Check previous 4h chart (link below) Safe Trades; open.spotify.com
We have a downside bias for GBPUSD, but do keep a look out for the key risk events taking place today.
Hi guys, this is Terry the shark trader. I personally trade alot of shark pattern based on my mentor Scott Carney's work. This week I am watching EURCAD closely. Price has bounced off the bullish shark prz around 1.4390. I am personally waiting for a retest of that zone to get long. SL will be around 40 pips with a potential to make 140 pips.
Good morning guys, awaiting buy for EURJPY at 114. Price has bounced off initial PRZ, waiting to enter on a type 2 retest of this level. SL will go at 113.60 and TP will be at 114.90. 40 pips of risk for 90 pips of profits.
Hey guys, a great pity to miss my long on EURJPY posted yesterday. Today, I am watching for GBPJPY to hit 137 for a potential short. SL will go around 137.60 and TP will be right back at 135. This is based on a shark pattern which completes at XC 100. Will look out for 1. Divergence at entry zone on the rsi 2. Reversal candlestick 3. Long hammer...
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