At first glance, GBPAUD might not catch every trader's eye due to the consolidation observed on the daily chart. However, upon closer inspection, there's more than meets the eye! A Bullish Bat Pattern unveils itself on the 4-hourly chart. And for those keen on joining the bullish trend, the 1-hourly chart showcases a potential Head and Shoulders pattern that...
Ready to embark on the hunt for the next trading ventures? AUDCAD offers an array of possibilities to satisfy that desire. For those eyeing buying opportunities, the 4-hourly chart displays a potential Double Bottom retest around 0.8922. Alternatively, a Bullish Shark Pattern might complete around 0.8878, presenting another entry possibility. On the flip...
Have you observed the eclipse on the weekly chart of JPY pairs? It's a prevailing theme, reflecting a retest of structural support across all Yen pairs in my list. This setup hints at a potential buying opportunity emerging in the upcoming week. However, for those like me, eyeing the Bearish Fib-3 Bat Pattern on the weekly chart, there are two enticing...
GBPUSD showcases a Bearish Bat pattern on the daily chart, signaling a potential shorting opportunity with a likely retest around 1.2691. Another approach would be to watch for resistance retesting, aiming for a double top with RSI divergence at 1.2606 on the 1-hourly chart. However, if you're leaning towards a buying opportunity, considering the Weaker Bull...
EURUSD seems to be displaying signs of a weakening bullish trend, paying homage to its prior structure with an immediate retracement. For those eyeing a potential buying opportunity, I'm personally keeping an eye on the Bullish Shark Pattern, anticipating a 3-bar reversal around 1.0688. That might just be the sweet spot for a promising buying opportunity!...
NZDJPY reveals a promising Bullish Shark Pattern, presenting a potential trend trading opportunity. While waiting for a 3-bar reversal offers further confirmation, it's prudent to engage post a weakening of the bearish move. For aggressive traders, immediate entry might be considered, with a crucial emphasis on identifying stop levels to mitigate risk. What...
CADJPY exhibits a confirmed Bullish Shark Pattern on the 1-hourly chart, prompting my engagement in the pattern. However, my attention is focused on the critical 108.55 level. I'm closely monitoring the market's behaviour around this level. A preferred scenario would involve a break and close above 108.55, signifying potential bullish momentum. What's your...
NZDUSD presents a Bearish Butterfly Pattern on the Daily Chart, tempting many traders to consider shorting. However, a note of caution: ensure the candle breaks and closes above the PRZ (red box) for confirmation before proceeding. My strategy leans towards prudence, awaiting further validation through the Bearish Shark Pattern on the 1-hourly chart at 0.6219....
The 4-hourly chart showcases a compelling Bullish 5-0 Pattern retest accompanied by an RSI Divergence. While direct engagement in the trade is an option, I'm personally inclined towards waiting for a Bullish Gartley Pattern retest around 186.39. This approach significantly mitigates risk while still allowing for favorable profit potential—a strategy centered on...
USDJPY's Weekly chart confirms the presence of a Bearish Fib-3 Bat Pattern, signaling a potential trading opportunity. One approach to engage this trade involves patience, waiting for a break and close below 146.66 on the 1-hourly chart. Upon confirmation, I plan to enter the trade, anticipating a significant pullback or a setup aligning with the bearish...
Despite GBPUSD showcasing a bullish trend, I'm eyeing a shorting opportunity on this pair. The daily chart signals the completion of a Bearish Bat Pattern, yet a direct engagement at this level poses considerable risk. To mitigate this, my strategy involves patience, awaiting a market retest on the 1-hourly chart. Coincidentally, this timeframe also displays a...
EURUSD offers a spectrum of opportunities catering to both buyers and sellers. For those eyeing a buying opportunity, consider confirmation at the current price for a structured trade on the 4-hourly chart. Alternatively, trend traders might await a retest around 1.0688, targeting a bullish shark pattern setup. On the flip side, if shorting is your preference,...
Recently diving into Cyberpunk 2077 has unveiled the developer CD Projekt's potential. The studio's shares are listed, prompting consideration for ownership. The stock's recent performance may align with the game's reception, but it's crucial to delve deeper into CD Projekt's fundamentals beyond a single release. For those intrigued by this opportunity,...
Can you believe it? After all those wild rate increases, there's talk of a possibility of cutting rates next year in the US. It feels like a market scam, pushing exchange rates solely for their benefit, only to revert them later. This move doesn't address
Traders, I've spotted a compelling shorting opportunity on AUDCAD, presenting itself differently across various timeframes. Specifically, the daily chart indicates a trend trading setup, showcasing the convergence of both the Bearish Shark and Bearish Crab Patterns in the same region. My strategy involves waiting for the market to reach the 0.9000 region before...
I've identified an intriguing counter-trend setup on NZDJPY, which showcases alignment across the Weekly, 4-hourly, and 1-hourly charts, all converging around the same entry point featuring Bearish Shark Patterns. A notable aspect is the different starting points of the Shark Patterns across these timeframes, culminating in an intriguing entry zone. This...
It seems that the USDJPY is presenting challenges in trading decisions. Despite the presence of a valid bearish fib-3 bat pattern, your interest lies in seeking a buying opportunity, expected to materialize potentially by Tuesday based on further market development. You've also noted the invalidation of a Bullish Gartley Pattern on the 1-hourly chart,...
GBPUSD is on a Weaker Bull Trading setup, if you are looking for buying opportunity there are 2 trading opportunities for you. The Bullish Shark Pattern may form on the daily chart at 1.2343, alternative you could wait for a retest of support at 1.2559 on the 1-hourly chart. If you are looking for counter-trend trading opportunity, the 1-hourly chart do have a...