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Potential Short Opportunity on Bearish PatternsDespite GBPUSD demonstrating a Weaker Bull Trading setup, my analysis suggests a more bullish outlook compared to EURUSD. However, I'm currently eyeing a shorting opportunity on a lower timeframe. The emergence of a Bearish Gartley Pattern retesting at 1.2752 or a completion of a Bearish Bat Pattern around 1.2803 appears promising for a potential short position. What are your thoughts or trade plans for GBPUSD? Share your insights below!
Short
by RaynLim
Awaiting Bullish Gartley Pattern after Bearish Shark SetupNZDUSD showcases a compelling combo trading setup - a Bearish Shark Pattern visible on the weekly and daily charts. This combination suggests potential movement in the market. My approach involves waiting patiently for the market to shape a Bullish Gartley Pattern on the 1-hourly chart. This setup offers a more favorable Profit Factor, enhancing the trade's potential. What are your thoughts or trade plans regarding NZDUSD? Share your insights below!
Short
by RaynLim
Bullish Gartley Pattern Alert on 8 Range Bar ChartA Bullish Gartley Pattern has emerged on GBPJPY's 8 range bar chart, presenting an opportunity for those leveraging TradingView Pro account alerts. Alternatively, setting alerts on the 15-minute chart is viable for this setup. This pattern aligns with a buying opportunity that could ride the bullish wave, in conjunction with the Type2 Bullish Shark Pattern on the daily chart. What's your trade plan or analysis for GBPJPY? Share your insights or strategies below!
Long
by RaynLim
3
Shorting CADJPY with Weekly Chart Alignment & Intricate AnalysisIf you missed the chance to capitalize on the sell limit at 110.36 aligned with the Weekly Chart's Shark Pattern on CADJPY, amounting to a 306-pip move (~3,060 USD/lot), don't dwell on the past. Now, there's a fresh opportunity presenting itself on the 1-hourly chart – a Bearish Shark Pattern gearing up to complete around 108.01. To optimize this trading chance, exercise patience and await candlestick confirmation before entering the trade. Are you eyeing this CADJPY setup? Share your thoughts below!
Short
by RaynLim
1
Long-Term Bullish Bias Amid Short-Term Retracement Signals!Despite prevalent negative sentiments surrounding the Dollar's bearish outlook, I maintain a bullish bias on USDJPY. I perceive the recent bearish move as a retracement within a longer-term bullish trajectory. For those inclined towards catching the retracement, the Bearish Fib-3 Bat Pattern on the 1-hourly chart might provide an entry opportunity for shorting at 143.28. What's your stance or strategy regarding USDJPY? Share your thoughts below!
Short
by RaynLim
Shorting Caution and Planning for Long-Term Opportunities!GBPUSD exhibits a stronger bullish trend compared to EURUSD, despite a Weaker Bull Trading setup. I'm eyeing a buying opportunity for a longer-term trade strategy. However, this doesn't deter me from considering a Bearish Shark Trading setup on the 1-hourly chart as a potential shorter-term play. Simultaneously, I'm patiently awaiting the formation of a Bullish 5-0 Pattern, which could serve as an entry point for a longer-term buying opportunity. What's your take or strategy on GBPUSD? Share your insights below!
Long
by RaynLim
Weak Bull Formation and Short-Term Buy/Sell OpportunitiesEURUSD presents a potential shorting opportunity with the Bearish Butterfly Pattern on the 4-hourly chart at 1.1045. This aligns with the backdrop of a weaker bull trading setup observed on its Weekly chart. For those seeking a buying opportunity, consider monitoring the 1-hourly chart at 1.0993, where a potential support trading setup might offer an entry for bullish positions. What's your analysis or stance on EURUSD? Share your thoughts below!
Short
by RaynLim
1
Decoding Hidden Opportunities for a 1,000USD Profit!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 might exhibit a 3-bar reversal around 1.9058. What's your trading strategy for GBPAUD? Or are there other trades catching your attention? Share your trade plans or thoughts in the comments below! Let's exchange insights on potential trading opportunities. 💬📈
Long
by RaynLim
Profitable Moves, Stop Loss Placement, and Shorting OpportunitieReady 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 side, for traders seeking shorting opportunities, the 1-hourly chart indicates a potential Double Top Retest completing at 0.8963. Alternatively, keep an eye out for a Bearish Shark Pattern completing around 0.9006. What's your strategy for AUDCAD? Share your thoughts or trade plans in the comments below! Let's explore these potential setups together. 💬📈
by RaynLim
Bearish Bat Confirmed, Shorting Opportunites AheadHave 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 opportunities on the 1-hourly chart. Option 1 presents a Bearish Gartley Pattern at X, likely completing at 145.30. Alternatively, Option 2 showcases a Bearish Fib-3 Bat Pattern, completing at 146.87. Both scenarios necessitate a 3-bar reversal before considering trade engagement. What's your strategy for USDJPY? Share your thoughts or trade plans in the comments below! Let's explore the potential moves in this market together. 💬📈
Short
by RaynLim
Balancing Bullish Signals And Counter-Trend StrategiesGBPUSD 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 trading setup on the weekly chart, the 1-hourly chart reveals a Bullish Butterfly Pattern. Keep an eye out for a retest around 1.2522 as a potential entry point for a buying opportunity! 🦋💱🐂 What's your game plan for GBPUSD? Share your thoughts or trade strategies in the comments below! Let's discuss and analyze potential moves in this market. 💬📊
Short
by RaynLim
Trend Rotations and Trading OpportunitiesEURUSD 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! 🦈💱 What's your take on EURUSD's movement? Share your trade plans or thoughts on this trading setup in the comments below! Let's discuss our strategies for navigating this market. 🗨️📈
Long
by RaynLim
Potential Trend Trading Opportunity with Bullish Shark PatternNZDJPY 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 are your insights or strategies on NZDJPY? Feel free to share your thoughts below!
Long
by RaynLim