USDJPY Overview UpdateTrade triggers d legs of both bearish shark and crab harmonic patterns. A update in the trade idea.
Bearish Shark
Trade Ideas Position: USDJPY SharkA type2 bearish shark pattern is in the zone. It's known as the type2 pattern because it has reached the first target.
Sell limit has been placed.
Trade Ideas Position: AUDCAD SharkA bearish shark setup on a counter-trend trading opportunity. Trade has engaged, waiting for a shorting opportunity when the market check-back.
Trade Ideas Position: NZDJPY SharkThis is what typically happens to a shark pattern, you get bitten the previous round and you come in for more.
A shark pattern can have as much as 3 entry price, if you aren't familiar with it, you can get a bitten twice in a row and you may say, no, I'm not engaging this trade.
Guess what can happen on the third run? It can hit your target profit and you get all upset on it.
Trade Ideas Position: NZDJPY SharkA confirmed bearish shark pattern setup with arrow confirmation. On both the 1-hourly and 4-hourly chart it is a ranging market, but on the daily, it is a trend trading opportunity.
Trade Ideas Position: AUDUSD SharkA pattern over pattern, the emerging bearish shark completes at the region on the Type2 Bat Pattern, a confirmation is needed to engage this trade setup.
Trade Ideas Position: CADJPY SharkA bearish shark pattern has formed within the consolidation zone. At this moment I'm waiting for a check back to engage this tree on this ranging market.
Trade Ideas Educator: NZDUSD Bearish SharkA slight push higher will activate a bearish shark pattern, having that move may sound good but it also breaks the resistance level on the higher-timeframe, the 4-hourly chart(check out the link at the bottom).
Trade Ideas Educator: NZDJPY SharkA bearish shark setup in the coming week for a shorting opportunity. The one thing nice about this setup is that the completion of the shark pattern complete at the resistance level.
USDJPY-Weekly Market Analysis-May20,Wk1After breaking and closing below the resistance line, the bearish shark has turned and hit the target1 of the setup.
At this moment I'm waiting for a check back on the entry zone to execute the trade for a shorting opportunity.
Bearish shark #ETH short of the century ;)PCZ is 1.113 BINANCE:ETHUSDT
Short of the century let's see
Trade Ideas Position: NZDUSD SharkA bearish shark setup on the consolidation, trade ideas with actual levels of Stop, Entry, Targets(SETs) has been sent to (3).
All the best with your trading.
Trade Ideas Educator: NZDUSD SharkA Bearish Shark setup within the consolidation zone as a counter-trend move. The candles within the red eclipse got me worried. Traders who like to engage this trade may like to consider placing stop-loss above the red eclipse.
EURUSD-Weekly Market Analysis-Apr20,Wk4The candle break and close below the sideways consolidation(red line) and retrace back into the 1-hourly chart sell zone and within that, there is a bearish shark setup on this trend trading opportunity, AB=CDpattern is in to sweeten the deal.
I will be waiting for a candle confirmation to engage the trade.
Trade Ideas Educator: GBPUSD SharkA bearish shark pattern has confirmed and I'm waiting for a check-back before I engage the trade as a trend trading setup of the daily chart.
The setup on the link at the bottom that I didn't engage, but is great for a reference.
It is important to always wait for confirmation, that is especially true for some of the harmonic patterns like the shark pattern.
USDJPY-Weekly Market Analysis-Apr20,Wk3Waiting for a bearish shark pattern that confluence with bearish bat type2 to complete at 111.11 for another shorting opportunity for a counter-trend move.
GBPUSD-Weekly Market Analysis-Apr20,Wk3A bearish shark pattern emerges, for this to be valid, it has to touch D and move towards to resistance line(red line).
It is still considered as a trend treading setup based on the daily timeframe.
Trade Ideas Position: GBPUSD SharkI've shorted GBPUSD on the bearish shark setup as a trend trading opportunity in advance, the candle is consolidating at the previous consolidation zone which you can clearly see at the 4-hourly chart.
Trade Ideas Educator: EURJPY SharkA type 2 bearish Gartley, bearish shark, AB=CD pattern on the 1-hourly chart within the daily chart 5-0pattern, with all these patterns converge at the same range used to excite me, but now is just another trade.
Why is that so?
Have I achieved Zen in trading?
Well, no. It's because somehow when I see 3 patterns converge at the same point, it usually doesn't work, at least from my experience.
Nevertheless, I will be waiting for candle confirmation before I engage the trade.
Trade Ideas Educator: AUDCAD SharkA bearish shark pattern has already reached Point D, but it's still not the right time or the preferred price for me to engage this trade. I prefer to wait for the Shark Pattern to reach its HOP level or instead the supply zone(red box) to engage the trade.
What're your thoughts on this?
Trade Ideas Position: EURJPY SharkA bearish shark setup as a trend trading trade within the sell zone. The structure also has an AB=CD pattern formation complete at the area, and this will increase the selling pressure. Trade has already engaged and level send to subscribers who are in our community, check out the link(3) at the signature below.
Trade Ideas Position: AUDCAD SharkA bearish shark with RSI Divergence on the 1hourly chart creates a significant consideration to engage this trade.
To top it up, on the 1-hourly chart(left) there is a 3-bar reversal with a bearish engulfing candle.
Trade Ideas Educator: GBPAUD SharkGBPAUD is a very volatile pair; to trade this, one must have a mental preparation that market can still reverse against you after riding on a 100pips+ profit.
Now this present as a third-chance entry to engage this trade of the countertrend trading. You might be asking, "Hey then, why is this trade still in your list?" Well, the volatility of this that attracted me. Be prepared to get stung out multiple times before being rewarded.
As long as the market didn't gap up or gap down too much, I will still be looking for a shorting opportunity.
