NZDUSD - Bullish FlagA Potential Bullish Flag Pattern is what I'm expecting on the NZDUSD pattern setup. I'm waiting for a retest at 0.6342, which gives me a buying opportunity on the lower timeframe using a Type2 Bullish Gartley Pattern.
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AUDUSD - Bearish SharkOn the bigger timeframe, shorting AUDUSD is considered a trend-trading setup. Hence, 0.6829 will be the level I'm waiting for a shorting opportunity by waiting for the Bearish Shark Pattern confirmation. A 3-bar reversal is essential in the setup.
EURUSD-Weekly Market Analysis-Dec22,Wk2The Overall Trend of EURUSD is a Bullish Trend. There are a couple of ways you can engage in this trade.
Wait for market retest at 5-0Pattern at 1.0515 for a buying opportunity or a shorting opportunity at 1.0581 by using the Type2 Bearish Shark Pattern as a counter-trend trade that could form a combo trade with EURUSD Bearish Crab Pattern on the Daily Chart.
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.
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.
GBPUSD-Weekly Market Analysis-Dec22,Wk1The simplest-looking analysis often is the toughest to plot. I'm waiting for shorting opportunity as early as the market open.
One thing to take note, make sure the market didn't gap up and close higher than 1.2311 for this to be a valid trading idea.
An RSI Divergence did help to give me the push to look for a shorting opportunity on the 1-hourly chart that coincides with the Daily Chart key resistance level.
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 - Deep Gartley @ XIf this Deep Gartley Pattern went valid, that means our previous trade has been stopped out at entry, which is okay.
Capturing such a trading setup requires patience, it is no different from baiting!
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.
USDCAD - Bullish SharkA potential Bullish Shark Pattern is looking to complete at 1.3039, visually it is close to the Weekly's Chart Key Support Level at 1.3004.
The perfect setup would be the candlestick wick touches 1.3000 but close above 1.3039. This would bring 3 groups of traders to engage in the trade.
1. The Harmonic Patterns traders
2. The Structure Traders
and
3. The Price Action Traders
You have witnessed how we rank the importance and the potency of trading ideas.
Check out the link at the bottom of the post to join our community.
EURJPY - Bullish Gartley checkbackThe Bullish Gartley Pattern completes within the Key Support Level on the daily chart. Although it is unlikely for this setup to retest 142.63, for now, I will not engage with anything lesser than that trading setup.
GBPUSD-Weekly Market Analysis-Nov22,Wk3GBPUSD is approaching the Weekly Chart's Key Resistance Level that completes at 1.1872. What's nice about this setup is that a potential ABCD Pattern completes at that level, and that, gives a combo trading opportunity.
AUDUSD - Bullish SharkOn the higher timeframe analysis, my analysis on the Head and Shoulders trading setup still stands, despite the setup going off a bit.
My plan to engage in the trade depends on this Bullish Shark Pattern setup. A candlestick pattern confirmation at 0.6357 is vital for that trading decision.
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.
EURJPY - Bearish ButterflyFinally, patience might just pay off. If the current candle closes as it is, there's a high chance for me to look for a shorting opportunity, once market open.
What makes is better is a Bearish Crab Pattern materialised on the 1-hourly chart. Guess we can just wait and see.
AUDCAD - 5-0PatternThis trading setup is what matters. The 5-0Pattern setup that gives traders who are looking for a buying opportunity to engage the trade.
NZDUSD - Bearish BatA Bearish Bat Pattern gives the counter-trend traders a shorting opportunity at 0.5860. Not only is this a Bat Pattern, but the completion of the Harmonic Patterns lands within the resistance level on the 1-hourly chart.(you can check the link under "related-ideas" of the trading view)
USDCAD - Structure BasedA structure-based trade could create an opening for Bat Patterns' die-hard fans. I will watch closely on the candlestick pattern formation to engage on this trade.
p/s: never follow blindly, always do your own analysis
this was the ABCD pattern, i was..This was the ABCD pattern I was talking about on the previous analysis, check link at the bottom.
GBPAUD - Bullish 5-0PatternFirst, before the 5-0Pattern is completed, it has to reverse at 1.7063 to show respect for the Bearish Shark Pattern completion.
Would I take the trade?
You bet I will!
I will observe if the market will respect 1.6993; if it pauses and reverses, I know I have my Bullish 5-0 Pattern.
The 5-0 Pattern is vital for my longer-term trading plan.
