A bullish 5-0 Pattern setup a countertrend trade. The trading decision will depend on how the candle closes on the 1-hour timeframe.
A bearish bat and bearish crab set up that coincides with a bearish bat and bearish butterfly type2 shorting opportunity on the daily chart. It might be an excellent consideration to plan for a shorting opportunity in the coming week as a countertrend trade.
A potential check-back on Bat Pattern seems to be not so far-fetched on this setup. It has been 1 of the trade highlight in 2019 and also a missed trade. Well, patience do pay off, let's wait off a couple of weeks and see if this trade still stands.
A sideway bounce set up for a perfect shorting opportunity. This will not just be a trend trading trade for me but also a trend-following trade. Trade has engaged and if you really want to get into our community, check out the link(3) on my signature below. Don't miss this great trading idea.
Another bearish shark set up at 83.81, on this setup, it is potentially a stack trade setup for the higher timeframe for a longer-term trend trading opportunity. If the market dip further, this bearish shark pattern may fail, however, a bullish ABCD pattern may form 81.70. A candle confirmation is required to engage the trade.
A bearish shark pattern completing at 71.44 setups for a trend trading opportunity. It is also my prefered set up to engage and fulfil my longer-term trade plan. However, if the market dip further, it will invalid the shark and give an ABCD pattern at 69.91 is set up for a countertrend trade. An RSI and candle confirmation is required for the ABCD Pattern. RSI...
A bearish bat setup on this timeframe does not necessary got me interested to engage this trade. However, look how nicely the candle close as a long shadow and below the previous candle high. I already have the intention to short at the market based on the daily chart. This provides a better price entry then to engage it directly on the daily chart. Just take...
Usually, this is a setup I won't be interested, but this round, I had even placed a pending order for this trade. So let's start with why not. 1) Point C touches A, not a good sign and very much look like a retest of support and it does have repetition. 2) It is a counter-trend setup based on this timeframe. 3) Do not provide a healthy reward:risk base on this...
A bearish shark pattern for a trend trading opportunity, this setup is almost perfect but a consolidation after a strong bullish uptrend bring a concern to this setup. Hence, I will not be placing a pending order, but rather look into the candle formation to see if this is a valid setup for me. An extension of this setup AB=CD movement fills the gap that is shown...
A beaish gartley has completed for a trend trading setup. All turn to short for this pair as this level is a retracement of 61.8% after a double top after completion of a bearish bat pattern on the daily chart and not to mention a final target profit on the 4-hourly chart of a bullish bat. If you have observed closely, there is this small hump that I call appear...
A bearish bat that may turn into a bearish shark or invalid pattern as Point C touches Point A. This could give a second chance entry for traders who might just have missed the shorting opportunity on the daily timeframe.
A bullish crab setup, deeper than a bat pattern that I was waiting for, a checkback has happened and made this a valid trade to consider to engage. Trade engaged as a trend reversal on a larger timeframe - daily chart.
A bearish bat setup before the eve of Xmas, looks like there is still trade setup for this. On the 4-hourly chart there is a type2 bearish shark setup, what's your trade plan?
An interesting development of this trade, yes indeed is quite troubling when you have 100pips of running profit and the market just stall and fail to break new high, nothing is more painful when you see magic candles form after a bullish candle. My immediate thought is to close and take the profit, spend it on Xmas and call it a year, but wait up... It does look...
A bearish bat forms up within the supply zone I was waiting to engage after a retest of a double top, sweeten the deal. What's better, this setup is within the supply zone of a bigger bearish bat pattern(that displayed a warning sign) on the 4-hourly timeframe(link can be found below).
Head and shoulders setup is ready for a trend trading trade. Trade will engage after the 1-hourly candle close and second target will have a target extension to Bearish Bat on the Daily Chart spotted by my software.
USDJPY has performed well in an extension move off the bullish bat pattern, target1 has achieved and the crucial push depends on this week the US tariffs that are due tomorrow. The candle that touches the previous high and fails to close above the previous high is a concern to me. Monday market movement will determine if I'm going to keep the trade or an...
USDJPY on 1-hourly chart fulfils a bullish Gartley pattern. Well, it may look odd in my chart but this analysis shows up well on my live chart(check your data). Traders who want to have better Reward:Risk(RRR) can wait for bigger bullish bat pattern to show up.