A bearish Bat trading setup for advanced and experienced traders to engage. The downside to this, is you have to watch this closely, at least till target1 was hit.
If 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!
Well, 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.
Key support level on the 8-range bar, I'm waiting for the bar to close and respect 142.56level for an aggressive buying opportunity.
Intra-day trade seems to be the norm recently for me. A Bearish Bat Pattern complete on the range bar chart in NZDJPY.
A Type2 Bearish Gartley Pattern setup could be the answer for a counter-trend trade. I'm waiting for a retest at 125.68 for a shorting opportunity.
A Bearish Gartley Pattern set up on the range bar chart could be a great trading idea when the market is chopping on the 1-hourly chart. With that said, you need to know at which point is safer to engage, because you don't want to get whipsaw and got stop out.
Bearish Gartley on range bar chart has retest. There are risks in this setup, however, rules are rules, they fulfil my criteria and I'm in. Let's see how this goes.
Would you long EURUSD? And why? The Range Bar chart is my personal preference for intra-day trading. It provides the expected volume per bar, and you won't have surprises. The only downside is that you can't check in every 8 bars because you won't know when will the 8bars formed as it is not a timebase chart
How about waiting for the Bearish Shark Pattern to complete and using the Combo Trade Management to engage the Shark Pattern on the 1hourly chart(check related link).
This is a very bold trade; chances of it hitting stop are high. That's why I'm not putting it out as an Official Trade-Ideas. On the Range Bar chart, the Bearish Shark Pattern has confirmed and I'm in the trade. Once the market has reached its target 1, I will be shifting my stop to my entry price and pertain to a Risk-Free Trade. This is when I will be using my...
If you are looking to jump in to short the market and you had missed it twice, here is another opportunity, a Bearish Bat complete at 90.42 on the range bar chart. Even if you are confident and compel to short the CADJPY. It will not do you much harm to wait for a bar chart confirmation.
Bullish Shark pattern on the Range Bar Chart on GBPAUD. Any takers? I must remind you that, there is 1 critical warning sign on this setup. I will need to wait for a 3 bar reversal and retest to long it.
Quiet Mondy huh... Well, it depends on the kind of trade you are looking at and the kind of timeframe you are trading. Moments ago, I've engaged probably the last trade for this month. EURUSD, the Bearish Shark Pattern complete at 1.1224 on the Range Bar Chart.
A Head & Shoulders formation on the 8 range bar of GBPAUD. We do see the RSI Divergence from this setup which is Great for traders that decide to take on this counter-trend trading opportunity.
A Bearish Bat pattern forms in the GBPJPY Range Bar chart which is great news for countertrend traders. This is so because the GBPJPY it's pretty much on a sideway movement on the higher timeframe. Furthermore, it seems to respect the resistance level on the 1-hourly chart.
If you are a trend trader, this will be the fastest way to get involved in the shorting opportunity. A Bearish Shark Pattern form on the 8 Range Bar Chart within the 4hourly Sell Zone. If you prefer to trade on a time-based chart, you can wait for a double top setup on the 1-hourly chart.
When the market isn't moving much on my regular timeframe, I've gone to the lowest timeframe(technically it's not a timeframe because it is not time sensitive) The 5 range bar chart has been my main training strategy and it has brought profit as high as 29% on the 1st 2 weeks of my trade. As a trader we need to be discipline but able to adapt to the market...