Hello traders. I see SHARK pattern and RSI DIVERGENCE on ETHUSD M30 chart. Take profit price 1353, stop loss price 1251. Good luck everyone.
If price gives a more prolonged or deeper combo corrective 2nd wave as detailed here, there is a clear Invalidation at origins of 1st swing for a potential swing long to 22.5 K area.
Here is a detailed view of proposed X wave as ABC. First point of Invalidation is break of current 1st wave at $18,925
A Bearish-type Cypher pattern occurred. If the price rises to 1.3597, a Bearish-type Shark pattern could occur. Also on the weekly chart, Bearish-type Cypher pattern is occurring. Short after seeing the rebound. *Harmonic patterns are automatically detected using the indicators below. - Harmonic auto-detect PRO
Looks like there's the potential for the development of a shark pattern with a rather fast rise in the value of the SPX, to the point of reversal near a developing downward trend line. A reveal here would correspond w/ a corrective c wave extending to 0.618 AB, which adds to the impulsive upward move. Just an idea. SPX looks a little over sold in short term;...
Stop loss and targets are in the chart, DYOR, this is not a financial advice, Good luck..
To those who trade based on currency correlation, this is one setup you have to look at. On the surface, the NZDJPY and NZDUSD both have a Bullish Shark Pattern on the 1-hourly chart, but if you look closely at the 4-hourly chart, you will be able to see the future of these two pairs differs from one another. On the NZDJPY, the Shark Pattern is more direct, in...
Probably "the most important" Bullish Shark Pattern of the week. I'm waiting for the market to fulfil the Shark Pattern at 0.5583; for that to happen, a 3-bar reversal has to be seen. What is more important than the Shark Pattern is the fulfilment of the 5-0 Pattern. The market shouldn't break and close beyond the red box that marks 5-0 Pattern, and when that...
The EURUSD is on a Bearish Trend on both Daily & 4-hourly charts. The key resistance level on the Daily chart is at 0.9900, and on the 4-hourly chart, we have a Bearish Shark Pattern that completes within the sell zone(supply zone) at 0.9866. Last Friday, we did an aggressive short on the 1hourly chart based on a potential double top setup that has an RSI...
ADA Right Now is Trading at the PCZ of a small Bullish Gartley(The Harmonic furthest to the right) and a Bullish Cypher(The Harmonic in the Middle) and A Shark(The Biggest one to the left) Usually ADA tends to lag after XRP so as long as BTC holds these levels we should be able to see ADA break above the trendline from here in the coming weeks or atleast test the...
large time frame in yellow three drive to the bottom pattern small time frame in orange shark harmonic pattern both point to 1700 area, possible dead cat bounce before testing the bottom again
End of two pattern, shark and AB=CD. It seems a good position. If it can pass target 1 srongly so it can achieve to target 2.
Chart Shows quarterly DXY and Fed Fund rate, with macro shark harmonic. Terminal PRZ of T1 at 117, t2 125 region with t3 at 136-38. Would be nice to see consolidation at 115-116 back to 106-8 area as other nations begin intervention. As of this hour, GBP halted trading trading as it collapsed 3.25% ***harmonics are not a predictive tool, they are a phenomenon of...
Monetising on the idea that USDJPY has a completed Bearish Crab Pattern on the Daily Chart, I'm waiting for this odd-looking Bearish Shark Pattern to complete at 145.27. Normally, I wouldn't have factored in the fact of BOJ intervention that makes the chart an odd-looking one, but because the level of the PRZ within the shark pattern converges, I'm going to...
If BTC Holds 18850 Solana will almost certainly go for this Bullish BAMM on the 4 Hour.
A Bullish-type big Shark pattern may occur when drop to 1.0485. There is also a support zone at 1.048-1.054. (In this support zone, there was a rebound in Feb 2022, Sep 2021,...) Long after pattern generation and seeing the rebound. At that time, be careful of re-inversion in the resistance zone of 1.063-1.066. *Harmonic patterns and support/resistance zones are...
BTC has given me great reasons to be concerned that we would break through our PCZ and pull down into the 78.6% Retrace below but despite how many times it's tried it's managed to hold the local 88.6% Retrace as support and now we will have confirmed a stopping volume candle on the daily if BTC's Daily Volume doesn't change much in the next 15 minutes before the...
Have a closer look at NZDJPY, a 4hourly chart. My setting to the chart is (UTC +3), which means the candle close will happen at 1 pm (GMT +8). For this setup, I will not wait for confirmation on the 1hourly chart. You will understand why if you have a strong trading foundation.