USDJPY - Bearish Shark Type2Could this be the zone that we can play with for a while? Looking for trading opportunities within the zone that was formed by the Bearish Shark Pattern.
And because it is caused by the movement of Shark Pattern, I'm going to call it, Shark Tank... =P
I'll look for shorting opportunity, like Double Top with RSI Divergence or Bearish Harmonic Pattern in the Range Bar Chart.
Shark
Bullish Shark at Support Line with MACD Bullish DivergenceFrom the looks of it AXS would like to see one more bounce before it resumes it's Bearish Trend. I suspect close to a 50% Retrace of the Prior Highs before an Ultimate Reversal back to the downside.
For now the trade is Bullish and Profit Taking Targets range from 80 dollars to just over 100 dollars.
USDJPY-Weekly Market Analysis-Mar22,Wk1Congratulation if you have caught the Bearish Deep Gartley Pattern that completed at X, that would have brought you 175pips of profit .
If you have missed that, the USDJPY has a Bearish Shark Pattern completed at 115.75 on the 4hourly chart. It seems that you have just missed the trade, but don't fluster. In most cases, you can expect a retest on the Shark Pattern before it reach its countertrend trading setup, the infamous 5-0pattern.
GBPUSD-Weekly Market Analysis-Feb22,Wk4A Bullish Shark Pattern trading opportunity present itself at 1.3567 for a trend trading opportunity within the Bullish Flag consolidation zone within the 4-hourly chart.
If you have saw last week video, you would have spotted the trading setup and capture the 116pips(1,160USD) move.
If you missed it, no worries, wait for a 3bar reversal on the 1hourly chart after the Shark Pattern has formed.
Do note that the Shark Pattern can have up to 3 entry zone and a True Shark Pattern trader should have all 3 tries.
EURUSD-Weekly Market Analysis-Feb22,Wk4If you had caught the Bullish Shark Pattern and Bearish 5-0Pattern congratulation to you. That's 100pips on each movement, which totals to 200pips(2,000USD/lot traded) if you traded both of them.
Some traders do trade Type2 Pattern, if that's you there will be 1 that is showing up, the Shark Pattern on the 4-hourly chart soon.
However, if that's not for you, there is a Bullish Gartley Pattern that is complete on the 1-hourly chart in the same region.
BAR formed bullish Shark | A good long opportunityHi dear friends, hope you are well and welcome to the new update on FC Barcelona Fan Token (BAR) with Bitcoin pair.
4-hr time frame chart, BAR has formed a bullish harmonic Shark pattern.
Potential Shark Forming 🦈🦈NAS100 - Looking for a pullback/imbalance fill before a continuation to the downside wiping the liquidity and completing this shark pattern.
The D point is landing in a very nice looking PRZ
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.