BTC next Bearing 36K areaBTC next Bearing 36K area
unfortunately this bears are king of market this days
Bearish Shark
AUDUSD - Bearish Shark (9Jan2022)Compare to EURJPY, AUDUSD has a better Shark Pattern formation and that is because the Bearish Shark Pattern forms within the previous consolidation zone which is also known as the sell zone or the supply zone.
I'm waiting for the candle pattern confirmation at 0.7214.
You can check out the EURJPY Shark Pattern under the related ideas within the tradingview post.
EURJPY - Bearish Shark (9Jan2022)A Bearish Shark Pattern emerge on EURJPY at 131.63. Have you spotted the possibility of a Bullish Shark Pattern within the same chart? This makes EURJPY an interesting currency pair to trade.
I will wait for candlestick confirmation to engage this trade.
What's your trade plan?
NZDUSD - Bullish FlagIs there a Bullish Flag setup potential in all mix of things? Well, probably.
Aggressive Traders can look for buying opportunities that extend above the breakout and potentially stretch to 0.6855 that went slightly beyond the first Shark Pattern completion.
Bearish Shark Pattern traders will then need to wait for candle confirmation before any attempt in shorting this pair.
Finally, the market is awake.
GBPJPY - Bearish Shark PatternBearish Shark Pattern as a countertrend trade is something I would engage. The reason is Point D is at Point X of the Shark Pattern that acts as an Additional Resistance level for a counter-trend move.
EURUSD-Weekly Market Analysis-Dec21,Wk3EURUSD is on a Bearish run. During this season, I will take almost every Harmonic Patterns setup, that is only if you drew it correctly.
We have Bearish Bat on the Daily Chart, Bearish Butterfly and another Bat Pattern in the 4-hourly chart too.
But what matters for the coming week is the Bearish Shark Pattern that complete at 1.1344 on the 1-hourly chart this will most probably completed before Wednesday, and it can be as early as Monday.
3 Black Crows on the Weekly at the PCZ of a Bearish SharkMACD Bearish Divergence, RSI Bearish Divergence, Weekly 3 Black Crows, at a Bearish Shark PCZ.
I think it can go much lower than my specified 61.8 target but a 34% decline is plenty profitable to make this a great trade.
ABCD Double Top Bearish Shark Retest Before Going Down To $2600ETH reversed at the PCZ of the ABCD once before and now is looking for a second top confirmation in the case that eth gets rejected here i expect a big pullback to $2600
NZDUSD - Descending TriangleIt is common for an analyst who shares 2 trading strategies within a single chart to have an opposing view or strategy.
Well not for NZDUSD on the 4-hourly chart. There is a Descending Triangle that offers breakout traders to look for a shorting opportunity once the market break and close below 0.6980. Conservative traders can wait for a retracement and engage the trade.
Harmonic Pattern Traders can wait for the market to retrace back to 0.7155 to engage the trade through the Bearish Shark Pattern setup. One must be aware that a Shark Pattern can offer up to 3 different entry prices. Yes! Three.
What's more important is to plan your trade and trade your plan.
EURUSD - Bearish SharkBefore we go into the Shark Pattern, the EURUSD has a Bullish AB=CD Pattern on the daily chart and it's making a check back. This could just be 1 of the better setup that counter-trend traders can wait for a buying opportunity.
Trend Traders have to be slightly patient as 1 opportunity you can hop on is the Bearish Shark Pattern that completes at 1.1451 within the sell zone of 1.1432-1.1465.
AUDCAD - Bearish SharkA Bearish Shark Pattern complete at 0.9232 on the AUDCAD 1-hourly chart. If you are looking to ride on the buying trend, a buy entry when the candle touches the blue trendline as long as it never breaks and closes below the trendline or the immediate candle low price.
Personally, I won't be looking at that, and that is because there is only a 30pips profit potential heading towards the Shark Pattern.
What's your trade plan in tackling this trading setup?
Huge Bearish Harami at a Shark PCZ if the Daily closes like thisNow may be a good time to buy some December puts near the $90 range.
EURUSD - Bearish SharkIf you have watched my video analysis you would have known that there is a Bearish Shark on the 1-hourly chart as well.
I'm going to squeeze the stop-loss level as there is the tweezer top that allows me to do that.
AUDCAD - Bearish SharkAn emerging Bearish Shark Pattern completes at 0.9260. Upon completion of the pattern, the price of the candle close is important to determine if the sell zone is broken.
If you are looking for a buying opportunity, a retest on the bearish trendline(blue) without closing below the trendline can give you an aggressive buying opportunity.
EURUSD-Weekly Market Analysis-Nov21,Wk2On the 4-hourly chart, a Bearish Shark Pattern's completion point happens to be at the daily chart key resistance area. Great for traders who are looking for a shorting opportunity to engage the trade.
USDJPY-Weekly Market Analysis-Nov21,Wk1The blue line that you have seen on the daily chart within this chart has turned to a red line that you can see on the current 1-hourly chart.
Counter-Trend Traders can wait for a shorting opportunity at 114.25 on a Bearish Shark Pattern as a counter-trend setup. I will be waiting for the market to consolidate at 114.25 before I engage the market.
Bearish Shark with Daily BOS! 🦈USDJPY - Potential Bearish Shark, Price rejected from the weekly supply zone.
We've had a BOS to the downside on the daily TF (Red Line) Price has pulled back and rejected from the .886 filling all imbalances.
I now expect price to break the DL.
But I will watch PA and wait for better entries on the LTF!
let me know your thoughts!?
Bearish Shark (Late Entry)I was goin through the charts and realized that this shark was here but i found it a bit late so size appropriately.
Bearish Shark Pattern on BtcThere is a bearish shark pattern in btc. Abone you can see the targets;
ENTRY: 55K-52K
TP1: 48.850K
TP2: 40.200K
Stoploss: 56.400K
If the pattern reach its targets, the raising wedge that I tell you before previos idea can active. And that I mention before its target is 33-32k area.
EURJPY - Bearish FlagEURJPY has a Bearish Flag setup, even if this play out, this could be a weak setup as it doesn't land on the previous support level.
Nevertheless, it is a great shorting opportunity for trend traders and if you remember that's partly because of the Bearish Shark Pattern setup that I had shared on 15 March 2021 based on the Weekly chart.
If you are still in this trade at least a 290pips run which in fact if you traded it well it should be a 489pips run. This depend on your knowledge on the Shark Pattern.
4 Hour RSI Overbought at PCZ Of Bearish SharkI have my stop above the 1.13 fib extension and will be looking to buy reasonably striked puts expiring around November and December
GBPUSD-Weekly Market Analysis-Oct21,Wk1On a bigger picture, GBPUSD is also on a sideway bounce setup but what it is very different from EURUSD is that GBPUSD respected the structure better than EURUSD and GBPUSD is at its Weekly Support Level.
Traders who are looking to short GBPUSD can wait for a Bearish Shark Pattern complete at 1.3790 for a shorting opportunity as a trend trading trade.
