AUDUSD - Bearish SharkA Bearish Shark Pattern setup coincides with the Daily Chart Bearish Bat Pattern. Both setups are on a retest of the level, and shorting it would consider a trend trading setup.
Bearish Shark
GBPAUD - Bearish SharkOn the daily chart, there is a kiss-of-death setup. What's kiss-of-death, well a term that was given to describe a retest of double top setup, came so close to violating it. And this is what makes this Bearish Shark pattern special.
I'm waiting for the market open and wait for a shorting opportunity.
Let us know if you prefer the current Shark Pattern setup or the one on EURUSD.
EURUSD-Weekly Market Analysis-Dec22,Wk1If you missed the trade ideas of EURUSD on Friday, this might give you a 2nd chance to engage in the trade. With that said, do your market analysis and not follow blindly.
What's nice about this trading setup, the three primary timeframes I'm looking at has all the bearish trading setup I need.
Daily Chart - Bearish Crab setup
4-hourly Chart- Ascending Channel with RSI Divergence on overbought region
1-hourly Chart, Bearish Shark Pattern retest
EURUSD - Bearish SharkFinally, a bearish shark pattern qualifies as a shorting opportunity. It has been a long waiting opportunity for this shark pattern trading setup.
As you know or may not know that Shark Pattern can have as many as three different trading zones.
What is needed is patience; failure to do that results in the loss of profits from trying to capture it and losing confidence to trade the next trading setup.
NZDUSD - Bearish SharkBearish shark trading opportunity on the daily chart.
watch closely on this trading setup on NZDUSD D1 chart I'm not engaging based on the Daily chart, if not I would have done so. I will check out the H1 chart in waiting for the opportunity
NZDUSD - Bearish Shark comboNZDUSD has a Bearish Shark Pattern on the intra-day and daily chart timeframe. My engagement will be on the intra-day timeframe; that's when the Shark Pattern completes at 0.6270. A minimum of 3-bar reversal must be seen on the intra-day timeframe before engaging in the trade.
I would stretch my targets to which of the daily chart patterns, giving me a lower risk with higher returns. You can't do this to all trading setups, and you have to understand the trend well before you could even consider doing that.
AVAXUSDT, 1HBINANCE:AVAXUSDT Potential Bearish Shark
Potential Reversal Zone:
BC Retracement (1.618 | 2.618)
Near: 13.79262
Far: 14.228
XA Retracement (0.886 | 1.13)
Near: 13.88285
Far: 14.1773
Shark Attack on NZDJPYA Bearish Shark Pattern completing at 86.76, I'm waiting for a 3-bar pattern confirmation to engage the trade within this sideway increase volatility.
NZDUSD - Bearish SharkA Bearish Shark Pattern is completed within the sell zone of the NZDUSD. It is a good trend trading setup that I'm going to jump in.
Granted, engaging on a daily timeframe could be intimidating for most traders, but I have an approach to engaging it.
The idea is to have lower risk with higher returns on each trade.
NZDUSD - Bearish SharkWell, this is how 1 of the ways I've engaged the trade with lower risk and higher returns. You have to have a clear understanding of trends, structures and filters before making such a decision.
If you have it all wrong, you will be burning money faster than ever.
AUDUSD - Bearish SharkWe have a potential Bearish Shark Pattern that is complete at 0.6466; for all trading patterns, a final chart confirmation is required.
What matters more to me in this setup is the 5-0Pattern completion. One of the side reasons is that the completion of the Bullish 5-0 Pattern happens within the Buy Zone.
AUDCAD - Bearish SharkThis kind of trading setup often worries me. Consolidation before completion, could the shark pattern have missed it by a bit?
Let's see!
GBPUSD-Weekly Market Analysis-Nov22,Wk1A Bearish Shark Pattern completes at 1.1650 which coincide with my 4-hourly chart, sideway bounce setup, a classic trading setup that I've been trading on most of my trading life.
With that said, a candlestick pattern confirmation is still required.
SHARK - AS ABOVE, SO BELOWHello Traders, I am sharing this idea with you all not to give out directions to either sell or buy. You be judges of it. This is mainly for record purposes.
Personally, I think that shorting days are coming for this pair. So, the idea shows a Shark Patten - This came up because this aligns with previous analysis I did from Macro to Micro including Elliot Wave Count and Fibonacci Retracements.
Happy Trading.
GBPUSD-Weekly Market Analysis-Oct22,Wk4GBPUSD has a completed Bearish Shark Pattern, which does not necessarily mean you have missed the trade. You could wait for a retest of the Shark Pattern at 1.1388
Hourly Bearish Shark on Ethereum ETH recently hit profit taking targets of a Bearish Deep Gartley and it has now come back up a decent amount and formed a Potential Bearish Shark. This time i'd expect ETH to Fully Square Up the Range and really give us a nice down move if this Shark starts to play out.
EURUSD - 5-0 PatternAs you know, the Shark Pattern can move. That makes it the most dangerous harmonic patterns of all, but also the most rewarding ones.
EURUSD - 5-0PatternWell, if you guys are aware, I do not usually post an analysis based on M15 timeframe, but this setup is worth watching. The distance between the red and blue line is 43pips, substantial profit between the 2 levels.
On the red dotted line, come the completion of the Bearish Shark Pattern and the blue dotted line, Bullish 5-0 Pattern.
Candlestick Pattern confirmation is required before one consider it as an trading ideas.
p/s do your own analysis and never follow blindly
EURCHF: Bearish Skart at ResistanceIf you ignore the wick we got on the 22nd, we have a near perfect looking Bearish Shark on the 4 Hour with the PCZ lining up with the top of the Daily Range and some 4 Hour RSI Bearish Divergence.
I think it could later setup to be a Bullish 5-0 where it would Bullishly Continue up after making a 50%-61.8% Retrace from Low to High.
GBPAUD - Bearish Shark RetestOn the 4-hourly chart, we have a retest at the resistance level with an RSI Divergence.
The strategy that I plan to involve myself with in the trade is through the Bearish Shark Pattern setup that completes at 1.8065.
I've taken this trade with an aggressive approach. Trade engaged at 1.8040.
GBPUSD-Weekly Market Analysis-Oct22,Wk3A Potential Bearish Shark Pattern may complete at 1.1436 and a Potential Bullish Bat Pattern may complete at 1.0634. Although I am not optimistic of the completion of the shark pattern but it is important for you to know there is such possibility.
I would like to congratulate you if you manage the engage the Bearish Crab Pattern, make sure you have shift your stop-loss to entry.
EURUSD-Weekly Market Analysis-Oct22,Wk1The EURUSD is on a Bearish Trend on both Daily & 4-hourly charts. The key resistance level on the Daily chart is at 0.9900, and on the 4-hourly chart, we have a Bearish Shark Pattern that completes within the sell zone(supply zone) at 0.9866.
Last Friday, we did an aggressive short on the 1hourly chart based on a potential double top setup that has an RSI Divergence with it. Currently, the setup is a double top with a retracement pull-back. Normally, it is a perfect opportunity for traders to engage in the trade, I don't quite like the current candlestick pattern confirmation.
I leave that to you. Related Ideas is at the bottom of the tradingview chart.
USDJPY-Weekly Market Analysis-Sep22,Wk5Monetising on the idea that USDJPY has a completed Bearish Crab Pattern on the Daily Chart, I'm waiting for this odd-looking Bearish Shark Pattern to complete at 145.27.
Normally, I wouldn't have factored in the fact of BOJ intervention that makes the chart an odd-looking one, but because the level of the PRZ within the shark pattern converges, I'm going to observe how the market reacts at 145.27 before engaging the trade.
