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Deepgartleypatterns

Combo Trade Strategy for Potential Head and ShouldersThe USDJPY's Weekly chart is showing signs of a potential Head and Shoulders formation. While engaging directly on the weekly chart might be considered risky, what if we use a Combo Trade Management strategy? There's a Bearish Shark Pattern on the Daily chart, and we might witness a formation of a Bearish Deep Gartley Pattern on the 1-hourly chart, providing a counter-trend trading opportunity. Which of these trading opportunities do you prefer? Share your thoughts!
Short
by RaynLim
Leveraging Bearish Signals and Precise EntriesIt seems EURUSD presents an interesting scenario—a Weaker Bull trading setup on the Weekly Chart contrasting with a bearish trend on the Daily Chart. Your focus is on the Bearish Deep Gartley Pattern on the 1-hourly chart, providing a precise entry point and the potential for significant profits. Trade plans can vary based on individual analyses and risk management strategies. What approach or trade plan are you considering for EURUSD? Feel free to share your insights or plans below!
Short
by RaynLim
Second Chance to ShortTraders who missed out on the previous shorting opportunity may have a second chance at hand with the potential setup of Type2 Bearish Shark and Type2 Bearish Deep Gartley pattern in the market. However, it is important to note that one of the downsides of Type2 setup is its unpredictability, and it may not always work. To mitigate the risk, it is crucial to exercise patience and wait for a candlestick pattern confirmation before engaging in the trade. Rushing into the market aggressively without proper confirmation could lead to unwanted consequences.
Short
by RaynLim