euraudthere's a deep crab pattern on the daily time frame
please if you want to inter the trade wait for good price action
and use the same ST in the chart
Shark
1INCH/USDT Trade Set Up1INCH/USD Trade Set Up
Bullish Shark Harmonic with a type 2 return sprung above critical resistance
Low Risk Value Perceived Areas
Thin order book from here to 2nd target at $3.60 (100% profit potential)
GRT/USDBreakout Incoming!
Inverse Head and Shoulders - Momentum Shifting Structure at the Pattern Completion of the Bullish Shark Harmonic
2 Targets at $0.80cents (62% upside) $1.33 (170% upside)
Weekly Double Bottom With Class C Bullish DivergenceWe have Class C Hidden Bullish Divergence on the RSI and Class C Bullish Divergence on the MACD along with a Weekly Bullish Crossing. We also have a Bullish Shark on the weekly that could put us on the path to rallying to the PCZ of a Bearish Shark at the 0.886-1.13
We also have a Bullish Gartley that can be seen on the Daily timeframe as shown on this chart from awhile ago that we may be making a type 2 confirmation on:
AUDUSD - Bearish SharkWOW! This is a BIG one! A Shark Pattern on the Daily Chart is no joke!! Before we engage the trade, we need preferably a candle spike touching 0.7556 for the shorting opportunity.
And it will be even better if the spike did not manage to close above the structure on the 4-hourly(UTC+2) chart!!
MP Materials: Bearish Re-Entry of the 1.13 ExtensionThis first entry got stopped out and now MP Materials is higher, however it is now hitting the 1.13 retrace and may be setting up to come back down within the range if this is a false move like i expect it is. I will officially call the trade off it it trades above the level of $62 and my profit taking targets will be first $30 then $10. I will be trading this in the form of puts around the current price expiring several months out from now.
minor correctionthis is even better than the last one, i was with the phone really complicated, some really good pattern (shark pattern i think), and then BOOM (i hpe so)
WTICO Reversing at PCZ of Bearish Shark on the MonthlyRSI is moderately extended and we've had a mad amount of volume come in on that wick test to the PCZ, from the looks of it WTI is setting up for a major reversal.
Potential Shark Forming 🦈🦈US30 - Looking to complete this shark pattern, we've had a HTF BOS, multiple tests/reject and price is currently breaking the channel, looking very nice for the sell!
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.
SGDMYR - Exchange RatesIf you reside in Malaysia or you have commitments in Malaysia, it is a great opportunity to prepare at least 3months' worth of Malaysia Ringgit for your expenses.
3.11 is a great rate if money allows, if not, and if the spread is reasonable, you might be able to benefit it from trading.
XTZUSDLONG-TERM: Double Bottom at the PCZ of a bullish shark lining up with support. (not financial advice)
tailoring position sizes for looser stops is important*
AUDCAD - Bearish Shark CheckbackIf you had read my previous analysis, this is how Shark Pattern works, when the Shark Pattern hit its stop loss, it may present you another trading opportunity of a further entry price.
The problem with most trader is the hesitance to engage the trade, and I can understand that, you just got stop out. You aren't certain if this should be the trade to take.
The Shark Pattern could present as much as 3 entry price to engage the same trade. It is common that a trader can feel distraught when they get stop-out 3 times within the same trade. But once you get comfortable with the Shark Pattern, it brings you more profits and losses in the long run.
What I love about this Bearish Shark Pattern is that this is the last possibility of the Shark Pattern on this setup.
I got stung out on the previous Shark Pattern, but luckily for me the Stop-Loss is only 39pips. Well, that's possible because of my background on structure trading for the past 17years.
What about you? Are you comfortable tading the Shark Pattern?
AUDCAD - Bearish Shark checkbackA Bearish Shark retest on the AUDCAD gave me an opportunity to reverse my trade. You see, I was in a Bullish Trade(you can check out the related ideas titled AUDCAD - Bullish Bat at the bottom of the @TradingView post)
The market seems not able to close beyond Point D of the Bearish Shark Pattern on the 1hourly- chart for an extended period of time.
I've been receiving comments and DMs if AUDCAD appreciates because of Gold and Oil. Well, it is not, the AUDCAD appreciated because I've longed it! ;P
Well, jokes aside, over the years, the correlation between the currency pairs has been weakened. If you are still treating AUD like the Gold movement, you are trading like 10years ago.
I've learned that during chaotic market conditions, it is best to trade via technical analysis.
If I'm wrong about this trade, I get stopped out, and I will wait for the next trading opportunity. It's that simple.
Check out the link at the bottom for our upcoming event or invitation to our community.
Keep Network (KEEP) formed bullish Shark for upto 67.5% rallyHi friends, hope you are well and welcome to the new trade setup of Keep Network (KEEP) with BTC pair.
On a daily time frame chart, KEEP has formed bullish Shark .
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
AUDCAD - Bearish SharkHow 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).
AUDCAD - Bearish SharkWill I engage in this Bearish Shark check back on the AUDCAD, time will time. Really. I'm waiting for the 11am(GMT+8) candle open to decide.
BTC bullish shark completion at $40,442Price action on 1H timeframe is in development of a bullish shark harmonic, Completion target is $40,442, Invalidation target $40061. If price does not bounce from from $40,442 then possibly we will see a retest of $39.5k level. We will see a choppy next week if price does not close on weekly candle $41,600 to $42,300 levels.
EURNZD H4 POTENTIAL SHARK OR CYPHER PATTERNHello traders. I see potential SHARK or CYPHER pattern on EURNZD H4 chart. Good luck everybody.
GBPJPY H4 SHARK PATTERN AND RSI DIVERGENCEHello traders. I see SHARK pattern and RSI divergence on GBPJPY H4 chart. Good luck everybody.
GBPUSD-Weekly Market Analysis-Mar22,Wk4Don't feel bad if you have missed the Bearish Shark Pattern movement, especially if you have deliberately avoided it.
I believe you would have regretted if you had long instead of shorting the Shark Pattern because you saw the news that the Bank of England had planned to increase the bank interest rate.
It is important that you know to stay out of news trading, and now you have seen why.
It's indeed a pity that by avoiding the news, we had missed 84pips of market movement. But, I actually feel good about it.
Trading doesn't require us to take unnecessary risks, remember that.
Because we are patient, there is a Bearish Deep Gartley Pattern complete at 1.3206 for us to consider to short the GBPUSD on this setup.
How have you managed the BOE rate released? Comment down below and share it with us.
GBPUSD - Bearish SharkIt is important to wait for Candle Confirmation even on the most familiar currency pair and most familiar setup.
The close of the current candle will determine if the Shark Pattern is valid. The Bearish Shark Pattern formed at 1.3177 and was confirmed once the candle closed at 1.3173.
As this is a 1-hourly chart setup at 1700(GMT +8) or latest by 1900, it will give us a clear picture if the trade is valid.
