Bearish shark on gbpjpy watch price action for short
If you caught my last week's analysis, along with the accompanying article on Trading View, you can dive deeper into the details by clicking the link. In my previous analysis, I emphasized the significance of waiting for the Bearish Crab Pattern confirmation on the Daily Chart before considering a shorting opportunity. Now, let's delve into why this is...
Sharing this idea as a reference to my primary HTF view - the chart was going to be too messy otherwise. I don't have much experience in trading harmonics at all, but often I keep an eye on them as they respect fibs levels I trade a lot. Also, maybe just a personal observation, but when i find it more difficult to trade, and it takes ages for the price to move...
Putting together supply and demand, harmonic patterns and ict concept to give a high probability SETUP. Most likely to play out soon
This stock have fundamental good stock Technically this stock breakdown from major support now stock can go low level Take own analysis No recommendation for buy and sell
See the similar harmonics at the last top. Just want to wait for price to hit the POC. Could overshoot a bit though.
Hello All, There seems to be a confluence of patterns that are all lining up at one point on the charts, 31.1k. The Bat in Red, Shark in Blue, and Butterfly in Purple. There surely will be a reaction at this level. Whether this is a pivot to see lower low's past the 24k mark is unknown. There certainly will be a reaction up here though. Thanks for viewing my Idea!
USDCAD presents multiple potential opportunities, with a current focus on a shorting prospect. Weekly Chart Influence: The weekly chart displays a Double Top Retracement, guiding the overarching trading decision. Approach Considerations: While an aggressive trade might opt for an immediate shorting entry, I'm choosing a more cautious...
The USDJPY pair continues its strong bullish movement, even on the Weekly Chart, reaffirming the prevailing uptrend. Counter-Trend Strategy: As a counter-trend trader by nature, I'm on the lookout for shorting opportunities. Trade Possibilities: Weekly Chart: A potential Bearish Fib-3 Bat pattern could offer an entry point for a pullback...
The overall trend on GBPUSD continues to be bullish, making it an attractive option for buyers. Long Trade Scenario: Daily Chart: A potential Bullish Shark Pattern nearing completion at 1.1937 suggests a buying opportunity. Short Trade Considerations: Personally, I'm inclined towards a shorting opportunity. Two potential setups catch my...
GME has been getting sold off with the macro for quite some time and it continues to push deeper and deeper into dangerous territory. At this point in time, it has pushed slightly below the 0.382/0.886 Confluence Zone and is now at the 200 SMA, but with that, we can see that the Local Bullish Shark can extend into a 1.618 Extension, so the Breakout watch is far...
The MLQP is at hand, will the bears continue to push dollar beneath MLQP but remain in the hesitation zone and reverse at the PRZ? Only one way to find out
GBPUSD is still on the downtrend with the bears not backing out anytime soon. However, there seems to be a change in trend as the pound creates a higher low. Question is, will that support hold and be enough for the bulls to change the course of trend towards the LQP and reach the D point of the Shark Pattern?
The USDJPY is currently experiencing an upward trend. To capitalize on this trend, I plan to wait for a chance to buy at the Fib-3 Bat Pattern completion on the 1-hourly chart at 149.09. However, it's important to note that both the 4-hour and daily charts show a Bearish Harmonic Pattern that completes at a similar level of 150.41. As such, it would be best to...
The QQQ has been trading at the PCZ of this Bearish Shark for quite a while now and it has recently come back to make a 3rd Consecutive Lower High with Hidden Bearish Divergence on the RSI and looks to be ready to confirm it as a 3 Falling Peaks Pattern that I think would result in a major move down towards the 800 EMA or even lower down to the pre-2022 levels.
The analysis was carried out on 4h and 1h. I will immediately appeal to everyone waiting for the highs update - you will have to wait a VERY long time, or you may not wait at all. The coin showed huge x's almost immediately after listing, now it's time for correction. For 2 weeks there was support at the level of 100 million, but now the buyer has left and the...
Hi dear members , hope you are well and welcome to the new trade setup of Alpaca Finance (ALPACA) with US Dollar pair. Recently we caught almost 48% pump of ALPACA as below: Now on a 4-hr time frame, ALPACA is about to complete a bullish Shark move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to...