About meComing from a humble background fraught with difficult beginnings, I believe whether you think you can or you can't, either way, you are right.
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In the Ocean, Shark is a crafty predator and in the Harmonic Patterns, Shark Pattern is the most tricky setup and it has to be traded with caution.
I'm waiting for the 1-hourly candle close to confirm this trading setup. Candle Confirmation is needed for such counter-trend trading setup.
Well, we have a bearish shark setup on the 1-hourly chart, will you short from a strong UK Pound movement? I will? What I needed is a pullback that is sufficient for me to shift my stop-loss to entry. Nevertheless, the Reward: Risk is acceptable.
I'm excited about the market open and GBPAUD has a part to play in that. I'm waiting for the bearish crab pattern to form and confirm on the 1-hourly chart, which means it is almost certain that this crab pattern will form this coming Monday.
Will this pair eventually be a bearish shark pattern or a type2 bearish deep gartley pattern? And all this will be determined by the candle close. Latest by Tuesday, 11May21 we will have an idea of this trading setup.
If you have shorted USDJPY, it is a good idea to keep it. For traders who have not engaged in the trade, a good level to consider engage is at 109.03 for a shorting opportunity at the base of the descending triangle.
Mean Reversion Trade is something that I don't usually trade, but in this case, it looks like the candle close is going to form a long shadow candle within the Weekly Chart resistance area(supply area) providing an amazing Reward:Risk.
Well, I've seen a growing interest in this coin and you might be interested in what is a good price to buy?
With limited data on this feed, the price that's good to consider to buy is within the blue box.
You have to ask yourself if you are trading and earning the difference or buying the coin and keep(no fluctuation risk)
Make your own decision, you may use...
Well, the bearish shark pattern has not even touched its Target1, most of the time when this happens the shark pattern is not going to payout.
If you look closely there's a bullish flag pattern and there are multiple tests on the base flag and coincidently I have a bullish Gartley pattern form and completes at the base flag, the only thing about this Gartley...
The bearish shark pattern on the weekly chart has finally formed up(check out the link at the bottom), it took me months waiting for the formation and trading is all about patience.
Right now I'm waiting for the double top pattern to form on the 4hourly chart for an aggressive trade.
Could this be the trade of the year, I certainly hope so.
GBPUSD is still on the bullish trend, trend traders can wait for a candle confirmation at 1.3777 for a buying opportunity on the Bullish Gartley Pattern. Gartley Pattern as a Harmonic Pattern usually forms a V-Bottom and it leaves the conservative traders out of action for most of the time.
On the 4-hourly and 1-hourly chart, EURUSD is still on its bullish trend, ticky part of this harmonic patterns is that it forms outside on the buy zone but yet even if it closes outside of the buy zone it is still a bullish trend. This is because, for this Shark Pattern, Point X happens to have a long shadow to invalid the buy zone, the candle has to break and...
If you have watched the video analysis you would have seen that there's a potential head and shoulders formation on the daily chart; a confirmed bearish shark pattern on the 4-hourly chart and the emerging bearish shark pattern on the 1-hourly chart. I will wait either a bearish shark pattern on the 1-hourly chart to engage the trade or on the daily chart candle...
On the 1hourly chart, NZDJPY shows an AB=CD Pattern, this is not the usual harmonic pattern I will be trading, but why now? Well, on the 4-hourly chart there is a head and shoulders formation, having the long shadow candle close or some may know as pin-bar isn't enough for me to engage the trade. I'm using this as a trend following technique and I'll wait to...