ETHUSDTHi
This analysis is a combination of Elliott waves and Elliott and harmonic patterns.
According to this analysis, the atrium is in a corrective phase.
The correction pattern is a large flat that is shown with A,B,C waves.
The C wave consists of 5 Elliot waves, which waves 1, 2, 3 and 4 are formed and it will have the 5th wave.
I guess Wave 5 (of the wave C) will end with the Shark pattern OR hitting the end of the drawn channel.
At the end of the wave C in the areas marked on the chart,flat pattern is completed and we will have a new trend(Uptrend)
Shark
Bullish gold idea 1970 again!I was bearish after the 1998 drop, hence my count was to be the ending of a bull cycle and starting a bear one with the butterfly pattern, that not the case after seeing no proper correction to 1965-1970.
After seeing the ending diagonal forming + a shark pattern. we might still be in a bull cycle. there will be a rection next week and slowing down of that waterfall for a reversal up.
Voxies (VOXEL) has formed bullish Shark for upto 17.5% moveHi dear friends, hope you are well and welcome to the new trade setup of Voxies (VOXEL) with BTC pair.
Previously we had a nice trade of VOXEL:
Now on a 4-hr time frame chart, VOXEL has formed bullish Shark .
As per the above targets, this trade has a huge profit possibility of up to 17.50% , and a loss possibility 4%.
NZDUSD - Bearish SharkAs mentioned before, Shark Pattern can have as many as 3 different entry prices. Lucky for us, this is the only opportunity left for this setup.
There's no need to rush into the trading setup, we could wait for market confirmed by seeing the candlestick break and close below the PRZ zone(rectangle at Point D) and retest back to the entry price.
Shark 1.13 Almost complete!Shark approaching strong demand zone with liquidity inducement, I want to see a nice reversal here back up towards that imbalance!
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
BTC Update Bearish shark $44,747 targetPrice action is developing a bearish :shark pattern which completes at $44,747 level. I think we are going to have a short-term bullish movement and afterwards we are dumping back to sub 38k levels. Obviously this can be invalidated if price reclaims $47k level afterwards which seems highly unlikely. This chart is self-explanatory if you want to take a short position.
NZDUSD - Bearish SharkThe descending triangle has evolved into a Bearish Shark pattern, which is even better. It gives us a more defined stop loss level and target taking level.
I might stretch the Final Target Level.
Check out my previous analysis at the link below to see how the market evolved but not exactly invalid the trend. And how patience pays off.
AAL - Bullish reversalNASDAQ:AAL had been in a downtrend since march 2018. After the significant dip in march 2020, buyers shown good interest in it and kept the price above 10 for couple of months, making a strong support level. Bullish shark harmonic pattern has also been formed and price reversed from PRZ(Price Reversal Zone) level. Price marched up to meet the demand of buyers and faced resistance around 25.80 which was a previous support level. Price retraced for couple of months but with low volume. Finally, in march 2022, price did a strong reversal from 16$ support level with a significant volume making bullish hammer. That marks a higher swing low and is a strong indication of a bullish reversal and price is likely to go up to 26$ for a short term target. If it break 26$ level, then a strong bullish trend can be seen.
EURUSD - Bullish Shark checkbackIf you are looking for a reliable setup for a countertrend move, we have spotted a Bullish Shark Pattern that has checked back.
If you are looking to stretch the target to the daily chart, Bearish Bat Pattern, I find that could be far-fetched for the time being, but I leave that decision to you.
Potential Inverted Head and Shoulders Forming a Right ShoulderThe NASDAQ 100 is forming a potential Right Shoulder in a Potential Inverted head and Shoulders formation that if it breaks out of could send it on a path to break the ATHs and hit the 1.13 Fibonacci Extension which would be the Target of a Shark BAMM.