4 Hour Bearish CypherLINK may potentiall6y reverse between the .786 and the .886 retrace as it shows Bearish RSI Divergence and appears to be is overbought territory.
Bearish Shark
GBPUSD-Weekly Market Analysis-Jul21,Wk2GBPUSD if you are looking for buying opportunity, you can observe if it respected 1.3800, you can consider a buying opportunity. For short-mid term shorting opportunities, you can wait for a shorting opportunity at 1.4009-1.3971 and if the candle break and close above 1.4009 the next shorting opportunity will be at 1.4184.
USDJPY-Weekly Market Analysis-Jul21,Wk1If you are worried about the Bearish Gartley Pattern(you can check the link at the bottom within my tradingview profile) for violated on the 4-hourly chart, worry not. Do remember that the Bearish Deep Gartley Pattern formed on the Daily timeframe and base on the 1-hourly chart, we have shorted the Bearish Shark Pattern. As long as the candle didn't break and close above the trendline(Profit Trendline) on the 1-hourly chart, you are pretty safe.
USDJPY - Bearish Shark checkbackA bearish shark pattern has formed up a few days ago, and this morning I've shorted this shark pattern at 110.95 and should you decide to engage it, you have not missed much. A break and close below the imagined trendline would enhance the trade furthermore and probably I will add more position depends on the candlestick formation.
Bearish CypherWe may see a bearish reversal between the 786 and 886. If it pushes to the 886 or even the 113 before reversing then we may instead get a bullish 5-0 move.
EURJPY - Bearish Crab check-backThis Bearish Crab Pattern is important because it came in line with the Bearish Shark Pattern on the Weekly chart. In the coming week, I'm waiting for a retest at 134.00 for a shorting opportunity as a counter-trend trade, it could be a trend reversal setup.
GBPUSD-Weekly Market Analysis-Jun21,Wk1If you have been waiting for the Bearish Bat shorting opportunity(chart at the bottom) and you had missed it, well, it looks like a better opportunity might present itself for a trading opportunity. After the candlestick pattern has confirmed, I will short the Bearish Shark Pattern at 1.4228 regions for a counter-trend or trend reversal opportunity.
Coincidently, my student has the same view on the GBPUSD market movement, you can check out his analysis below.
EURUSD-Weekly Market Analysis-Jun21,Wk1Well, if you are a Harmonic Pattern trader and you wonder if I have selected the wrong investment strategy, nope, I didn't.
On the higher time frame, there is a Bearish Shark Pattern(check the link at the bottom) and I'm waiting for a shorting opportunity on the Shark Pattern.
For traders who agrees with me, you have to be aware of a Bullish Butterfly setup on the 1-hourly chart(although it is likely to fail, you still have to be aware that it completes at 1.2123).
Weekly Bearish Shark with Bearish DivergenceIt's all clear in the chart; Shorting at the 1.27 and targeting the 50 percent retrace for profit taking, stops above the high.
NZDJPY - Failure Shark PatternThis looks like a regular shark pattern and it is a valid bearish shark pattern, but I'm seeing this harmonic patterns has a 90% chance of failure, meaning to say it is most likely to have a bull run than a bear run.
I've been trading harmonic patterns for 10years and on my personal observation when certain setup matches others, it will give a sign of the pattern succeed or fail.
While lots of traders love to show what happen when they hit profit, I love to share my thought process before the trade happen.
EURUSD-Weekly Market Analysis-May21,Wk3I'm waiting for the Bearish Shark Pattern checked back for a shorting opportunity as a counter-trend trade. I will be waiting at the lower-timeframe for candle confirmation to engage this trade.
GBPAUD - Bearish SharkWell, 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.
Bearish Shark or Bearish Deep Gartley?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.
EURUSD-Weekly Market Analysis-May21,Wk2After a long wait, the bearish shark pattern is about to emerge. I'm waiting for a double top to form up on the 4-hourly chart at 1.2181.
EURJPY - Bearish SharkThe 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.
AUDUSD - Bearish Shark PatternIf 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 close to decide if I will engage the aggressive shorting trade on AUDUSD.
USDJPY-Weekly Market Analysis-Apr21,Wk4USDJPY is on a bullish trend and it has the most interesting setup. If the market didn't break and close below 108.70, I will be looking for a buying opportunity. Once the market extended to 109.62, I will be waiting for a bearish engulfing candle for a shorting opportunity on the bearish shark pattern setup.
AUDUSD - Bearish SharkA bearish shark pattern form within the 1-hourly sell zone, but on the 4-hourly chart the same zone it's merely a consolidation area. I won't be surprised if the consolidation zone(black box) is broken and the market heads towards the red zone before any shorting opportunity.
Hence, candlestick confirmation became important.
AUDCAD - Bearish SharkAUDCAD is special, on the 1-hourly chart I'm waiting for a retest on the trendline to long and the final target will stretch to Bearish Shark Pattern completion which coincides with the trendline that can be used for a shorting opportunity. A break and close beyond the trendline will put the trade invalid.
AUDUSD - Bearish SharkHave you shorted this wonderful setup? The beauty and challenge of this trade is that it has a Bat Pattern within the Shark Pattern. The good thing is that it completes at the same point and the bad thing is that by the rule of it, the bearish bat pattern has a stronger influence over the bearish shark pattern.
Either way, I'd shifted stops to entry and observe closely how the market react at the 1st target.
And also, on the daily chart, it has a head and shoulders formation, although it didn't fit our criteria to short it does give additional points to the entire setup.
