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Shark

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
Short
by RaynLim
2
Costco... Cleanup in Aisle #7 ? Here is a Costco trade (short or position flatten), I am looking at. We have an intersection of 2 harmonic sell patterns. (A Gartley and a Shark) (Note: I would feel more certain/comfortable of these patterns, if point X originated off the August 2022 high.) I have marked my most probable reversal area ($531-$534) and a stop above this level. As always I want some momentum behind my trades, so my entry is around the $522 area. Additionally I want my momentum indicator (bottom panel) to firmly roll over. So 2 conditions must be met. 2 Targets are marked. This is a 4 hour chart. So I am just watching now for an opportunity which Mr. Market may or may not give me. Not investment advice. Do Your own Due Diligence. I will update as needed. Earnings are early December. Good Luck S.
NASDAQ:COST
by Steve666
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.
Short
by RaynLim
Fantom (FTM) formed bullish Shark for upto 11% pumpHi dear friends, hope you are well and welcome to the new trade setup of the Fantom ( FTM ) coin with BTC pair. Previously I shared a long-term trade setup of FTM , which is still in play as below: This time on a 4-hr time frame, FTM has formed a bullish Shark pattern. At the moment, after the completion of final leg the priceline has slightly moved up, therefore, we can wait for some correction to buy it from the buying zone. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
FLong
by moon333
1