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Bullish Shark just completed, lets watch price-action
Waiting for the restest to form up at this level to continue the trend trading setup.
Will be taking 2 targets, exact entry, stops and targets will be shared to my inner circle.
When Bat overlay on Shark how will you trade?
As for me, since Shark is the first pattern that forms up, I will trade based on that, however, Bat target level is earlier than Shark, once that happens, I may shift stops to entry.
Exact Stops and Targets will be shared with my inner-circle
The shark formation has completed. I will wait for the market retrace back to Pt D to look for a buying opportunity.
Entry, Stops and Targets will be shared to my inner-circle.
A bullish Shark has formed up I will go long once market open, my Initial Stops and Target as listed.
If you like to have better reward:risk you have to wait for the price retrace back to point D to engage the trade, significant adjustment, the disadvantage is that you may miss the trade.
If you wish to receive should trade-ideas in a more regular basis, join ...
For OCT. 29 - NOV. 2
TARGET 2 108.846
Trade at your own risk
Not a recommendation. For personal purposes only
Like and comment if you found it useful.
GOLD Potentially Going UP with Shark Pattern and also confirmed by bullish divergence on its stochastic. TP would be around 1240-1242.
Bullish Shark Pattern formation on EURUSD Daily Chart
All the Fibonacci levels are on the chart.
Overall Trend is bearish however, this is a very healthy RR pattern so will be entering gradually into this position.
D point for Sharks are both the 88.6 of XA leg and also the 113 level. 113 Level has better confluence with the 224 Fib level, if we see a ...
Miss the trade as I do, yeah, it happens at times on H1 chart for me, hence, I seldom head in for M15 nowadays.
What will you be doing if you miss the trade?
Beat yourself up?
Chase the market?
Good for me I do have another way of engaging.
I'm waiting for the market to hit 61.8% to 78.6% retracement to look for my golden entry to engage the trade.
USDCMH Shark patterm
Hey mates, Eur/Usd has just completed bullish shark on H1 with a Type II entry method, lets see how it goes...
Bearish pattern confirmed
Wait the right price action as entry key.
Since late March 2018, USDJPY has been very bullish since then, at least based on Daily Chart it is.
On the H1 timeframe, I'm looking to get involved in this bullish move, by entering the trade on Bullish Shark.
And if the candle breaks above and close above C, this trade may just be invalid and I will be looking for the next trade plan to engage the trade.
EURUSD still on it's bearish run on the higher timeframe.
At H1, you can see that the potential double top has been formed with RSI Divergence.
From the post of my website, you will know that that is not everything but that does help firming up the trade.
The red box symbolised where my stops will be placed and the yellow box is Target1, I do have an extended ...
This is the hourly chart of GBPCAD.
Price has hit the PRZ of this shark pattern and reacted.
I have gone long around 1.7015.
These are the numbers you can consider.
PRZ 1.7000 - 1.7015
Good luck and have a great weekend!