Bitcoin moved as I expected in yesterday's post . Bitcoin is currently moving in the Resistance zone($60,080-$59,400) , near the Resistance lines and the 50_SMA(Daily) . It also seems that Bitcoin can potentially form the Bearish Crab Harmonic Pattern and Bearish Shark Harmonic Pattern . After breaking the small Support zone , I expect Bitcoin...
The pair have a strong bullish opportunity Because of : 1- Price rejected from FVG 2- Price range in flag patterns 3- shark Harmonic pattern So you can enter it now and use risk management for SL.
ENTRY - lines marked below is potential reversal zone ( PRZ) - entry is strictly inside the zone - look for buying confirmation in smaller time frame ( 15 minutes preferred ) EXIT 1. target - mark fib retracement from C to latest swing low - TGT 1 - 0.236 fib level ( intraday tgt) - TGT 2 - 0.382 fib level - TGT 3 - 0.5 fib level...
IEX has confirmed Shark harmonic pattern. Supporting to this, RSI & MACD both are in positive direction. Target1: 180/185, Target2: 200/210
I'm currently participating in a trading competition, which is why I'm opening more trades than usual—these are not on my personal account. Typically, I only open one trade per day on my personal account, but only when my setup shows a high probability of confirmation. Trade Management: I've decided to open a short position because the price has been creating...
NASDAQ:COIN We extrapolate the COIN facts that we can foresee price growth in the over-splendid crypto arena, but today might not be one of the memorable. In-fact, it will be so boring for you today, that I created this funny, proverbial, metaphorical stock chart to depict, denote, and serve a connotation to your experience. We hope you enjoy this art. Trend...
Two scenarios for Bitcoin. Both options will result in lower prices in the short term. However, one is bullish, the other is bearish: My view is that the correction period is not over. I am intellectually honest enough to entertain both options, but I must be truthful with myself and you: I don’t think the Bull’s time has come. TLDR: The bulls have a chance...
Bitcoin is currently in a weekly Shark pattern, suggesting a potential pullback to complete the 5-0 pattern. We could see a move towards the T1 zone at $45,703 - $43,000. 5-0 Pattern: This pattern often follows the Shark pattern and indicates the completion of a corrective move after the initial reversal. The 5-0 pattern has a distinct structure, starting from...
If you’re looking for a second chance to short EURUSD, there’s a promising setup involving a Type 2 Bearish Shark Pattern with RSI Divergence. Let’s break it down. Current Overview: - Type 2 Bearish Shark Pattern: - What It Means: The first target has already been achieved. This provides clarity on the first target but might reduce participation since the...
TCS futures has confirmation of Bullish shark on Weekly chart. Next possible target1: - 4124, Target2: 4450/4675
I’m back at it with a second attempt to short NZDUSD, and here’s why this setup caught my attention. Current Overview: - 4-Hourly Chart: i) Rising Channel: The pair is moving within a rising channel. ii) RSI Divergence: This divergence signals a potential weakening of the uptrend, which adds confidence to the short setup. Shorting Opportunity: -...
ENTRY - lines marked below is potential reversal zone ( PRZ) - entry is strictly inside the zone - look for buying confirmation in smaller time frame ( 15 minutes preferred ) EXIT 1. target - mark fib retracement from C to latest swing low - TGT 1 - 0.236 fib level (intraday ) - TGT 2 - 0.382 fib level - TGT 3 - 0.5 fib level (...
ENTRY - lines marked below is potential reversal zone ( PRZ) - entry is strictly inside the zone - look for buying confirmation in smaller time frame ( 15 minutes preferred ) EXIT 1. target - mark fib retracement from C to latest swing low - TGT 1 - 0.236 fib level - TGT 2 - 0.382 fib level - TGT 3 - 0.5 fib level ( preferred...
Nifty has formed bearish shark. Based on current scenario it will have following levels. 23700 - 23500 - 23300 - 23000. It will touch 23,000.
Tata Motors has completed shark formation with bottom of 856. After that it has completed Target1 & reached 1010 Current direction of trend will take it towards 1172 by Mid Aug'24.
I wanted to share an interesting setup on NZDUSD that’s been forming for a while. Let’s dive into the details! Current Overview: Bearish Shark Setup: Potential Reversal Zone (PRZ) : The setup has been hovering at the PRZ, which some traders might misinterpret as a violation. Key Insights: Having the Right Knowledge Matters : From my 19 years of trading...
A 1600 day harmonic wave structure with clear accumulation happening beneath a major level, confirmation of the upper red rectangle would be the signal, but entering here on the harmonic and reversal structure alone I feel is safe. This trade will take a decade to play out and is purely for fun. njoy