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Bearish Shark

EUR/NZD - Bearish Shark (500+ Pips)Hello traders, here we have EUR/NZD with a bearish shark pattern on the 4h chart. This is an excellent shorting opportunity with over 1:3 risk to reward, don't miss out on this one! The measurements for a valid shark are detailed below. C: 1.13 - 1.618 D: 1.618 - 2.24 Final X to D: 0.886 - 1.13 The D point forms at a strong level of resistance, therefore it is unlikely this pattern will form at an X to D of 1.13. This pattern could potentially turn into a 5-0 in the near future, after a successful short. Feel free to connect with me below :)
Short
by LewisGlasgow
5
A potential bearish shark is moving in on $Kalv istaPRZ at 9.76 Target 1: 8.40ish Target 2: 7.59ish Have to take out the 8.50 handle for this pattern to play out. We'll trade this pattern long to the PRZ zone being montering it and then trade it down for the target mentioned above. $KALV is about to get in geometry balance This biotech company shows all indications on going higher. Just got above EMA100 on daily. Fighting at a 78.6 fib line right now and should get convinced in going higher. Building support level here at the 8+ handle. Daily indicators fighting to get "locked in" to overbought condition. Stay Sharp on charts! WALLSTScalper.com
NASDAQ:KALV
by CoinedByCrypto
XAG/USD - Bearish Shark (Continuation)Hello traders, just an update on XAG/USD with a bearish shark pattern on the 4h chart. Price has now reached the bottom trendline of the ascending channel, I'm expecting price to breakout and hit the 0.382 retracement level at 17.40000. If we see this move occur, it will more than likely be followed by a pullback to the trendline providing us with an excellent area to short. The measurements for a valid shark are detailed below. C: 1.13 - 1.618 D: 1.618 - 2.24 Final X to D: 0.886 - 1.13 Keep an eye on this going into next week, I hope you all have a great weekend!
OANDA:XAGUSDShort
by LewisGlasgow
2
AUD/NZD - Bearish SharkHello traders, it appears AUD/NZD is now completing a bearish shark pattern on the 4h chart. This is an excellent opportunity with a potential 200+ pip return! The measurements for a valid shark are detailed below. C: 1.13 - 1.618 D: 1.618 - 2.24 Final X to D: 0.886 - 1.13 I'm seeing signs of divergence, confirming the reversal at 1.07200. To further validate this move I have been watching AUD/JPY for two months and it is now ready to sell (chart shown below). I hope you all have a great week of trading :)
Short
by LewisGlasgow
14
NZDUSD - Bearish Shark Pattern on Daily Chart (Very good R:R) We have a number of high impact news for NZD and AUD this week, especially interest rate decisions for AUD tomorrow, NZD on Thursday. This might determine the completion of the shark pattern, which in this case, only has 1 valid PRZ. Shark patterns always have very reasonable risk/reward ratio. The R:R for this pattern is at 4.7 (TP1) and 8.6 (TP2). Price alerts have been set, looking forward to trade this pattern, you guys should as well. This is a daily chart, do be patient before price hits PRZ. I will update if pattern completes. Cheers =)
Short
by lyl89
1
GBP/JPY - The Bigger PictureFollowing up from my prediction last week which resulted in 500+ pips, I'm now revealing my long term view for GBP/JPY. I'm expecting the Great Britain Pound to continue all the way up to 156.500 to complete this bearish shark pattern! The measurements for a valid shark are detailed below. C: 1.13 - 1.618 D: 1.618 - 2.24 Final X to D: 0.886 - 1.13 I'm still holding my position from last week with my stop loss in profit, I plan to continue holding it until we complete this shark pattern at 156.500. Safe trading everyone :)
by LewisGlasgow
3
Brent Oil - Bearish Shark (Trend Continuation)We're looking at UKOIL on a 1h chart, this is an excellent shorting opportunity to continue the long term trend... Don't miss out on this one! As you can see from the daily chart below we have been trading within a sideways channel since early 2016, price has approached a key level of resistance and is starting to stall out. The measurements for a valid shark are detailed below. C: 1.13 - 1.618 D: 1.618 - 2.24 Final X to D: 0.886 - 1.13
TVC:UKOILShort
by LewisGlasgow
2
AUDUSD - Short or wait?Trend line resistance based on daily chart have been respected so far, price seems to be holding now. There is potential to short at the top of this ED channel, a bearish shark pattern has also been sighted. RSI is now at overbought level. Why one might not short : - Bullish engulfing candle - EMAs crossing, diverging - Events happening tomorrow morning in AU. 1. AU Employment Change results 2. AU Unemployment Rate However, potential 1:4 Risk:Reward if you choose to short on the next candle: SL 35 pips TP1 95 pips TP2 170 pips I might go with a short if RSI shows a bearish divergence.
Short
by lyl89
2
Larsen & Toubro (LT) : Bearish Shark & ResistanceActually I noted this pattern when I came across a ping in my private messages..else I might have skipped this. Here we have a bearish shark pattern ( I usually don't prefer sharks, bcos they are as dangerous as their name :) ). Its completion zone for LT is exactly in resistance zone, based on valid reversal confirmation I will initiate short positions here. If it reverses we will have double top also in LT. Hit Likes if you agree.... Thanks for your support...Happy Trading !
NSE:LTShort
by InsiderB