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*
Shark
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.
$PRE Bullish Shark Harmonic$PRE Bullish Shark harmonic pattern. Triple Bullish Divergence on the MACD histogram, with positive momentum building. Falling Wedge reaching it's apex. Dipped just below critical support, but recovered with a nice reaction, now consolidating. IMO looks very similar to the Wycoff Re-Accumulation Schematic. Waiting for a breakout, and back-test to confirm bottom is in. Do not want to see price below ~$0.17. BTC dumps and all bets are off.
GBPJPY DROP ??!Risk : Reward
1:100
Use Proper Risk management.
Move SL to breakeven if price goes to 145.44
Trading Success = Edge + Probability + Risk Management.
Trade Safe ✅
PENNLONG-TERM: Major bullish shark with a double bottom at the PCZ , which lines up with pre-covid highs flipping into support, hidden bullish divergence on the daily, classic bullish divergence on the weekly, close to a falling wedge breakout. (not financial advice)
CADJPY - Bearish SharkThis is the trade I'm talking about, check the link at the bottom if you have no idea what I'm talking about.
The Shark Pattern at the Weekly Chart Resistance. It is a trade that I'm going to follow closely.
CADJPY - Bearish SharkThis 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 trade management - Upsize and stretch both target based on Daily Chart Shark Pattern, link of the analysis could be checked at the bottom.
The Big Question will be, what if I got stop out, then I will wait for the next trading ideas to engage the trade again.
ANKR formed big bullish Shark for upto 208% moveHi dear friends, hope you are well and welcome to the new trade setup of ANKR token.
On a weekly time frame chart, ANKR has formed bullish Shark.
EURUSD-Weekly Market Analysis-Mar22,Wk3Traders need to plan their trade; even there wasn't any trading setup, this happened to us last week(check last week's related ideas within TradingView).
This week, we have upgraded from a Zero trading setup to a VIP trading setup. We have a Bullish Shark Pattern complete within the Buy Zone on the 1hourly chart.
What makes this trade special is that we could use the Trade Management system to stretch our final target to the Bearish Deep Gartley Pattern on the 4-hourly chart.
CADJPY - Bearish SharkCADJPY has been giving us an amazing trading experience. Once again, another Bearish Shark Pattern has formed up. What's different from this setup is that the 4-hourly candle has broken and closed above X. This is something that you shouldn't treat lightly.
You can head to the lower timeframe and wait for a Double Top setup with RSI Divergence on the 1hourly chart. That should significantly reduce your initial stop-loss providing and reward of up to 5x.
KSM/USDT-1D-BINANCE (Bullish Shark)This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
