Shark
AUDCAD - Head and Shoulders comboWell, if you are into the slanted Head and Shoulders pattern, here we have 1 for you. The challenge is to determine the right shoulder.
I've plotted the estimation and will check 1st thing in the morning if the pattern fits my rules.
What I love about this setup is that it has an RSI Divergence on it.
What have you spotted? Comment down below.
Ethereum, HourlyCOINBASE:ETHUSD
---------------------Disclaimer ----------------------
I am not a financial /investment advisor. All information I am sharing here is for entertainment purposes only and should not be considered personal investment advice. While the information provided is accurate, it may include errors or inaccuracies. Please, do your diligence when it comes to investing or trading in the market. You are responsible on your choice. Thank you
CADJPY - Bearish SharkAn Emerging Bearish Shark Pattern completes at 91.84 for a shorting opportunity. It seems too early for this setup but I've chosen to share this because of its potential Shark Pattern completion on the Daily Chart which comes close to the completion of the 1-hourly chart pattern.
USDCAD - Bearish Bat checkbackUSDCAD has one of the best setups for the week. Aggressive Traders can consider shorting the Bearish Bat Pattern as a Trend Trading Strategy. Conservative Traders can wait for the market to pull back to 1.2562 for a shorting opportunity on the Bat Pattern.
If you are adventurous and you are familiar with the USDCAD movement, you can even stretch the final target towards the completion of the Bullish Shark Pattern on the Daily Chart.
USDJPY-Weekly Market Analysis-Jan22,Wk3USDJPY has the most complex trading strategy for the week. I'm waiting for USDJPY to complete it's Bearish Shark Pattern within the intraday chart, 15minutes timeframe and I will short the Shark Pattern and have my final target stretch towards the completion of the Bullish Bat Pattern on the 4-hourly Chart.
If it is too much for you, just take the usual target.
AUDIO shark pattern 90% increase#AUDIO/USDT
#metaverse token
$AUDIO try to break out from descending resistance line, success to break it out will increase price 90% to complete shark pattern.
also there is a falling wedge pattern and price is above lower line, break out from descending resistance can head up price to upper line of wedge.
BTCUSD - Confluent ZoneIf BTC can't Break out the trendline
Buy Entry
-Demand W1
-Shark pattern (88.6%)
-Parallel channel
-Fakeout zone
Buy Entry 2
-Demand D1
-Shark pattern (113%)
Confirmation after graph into to Demand W1 Zone
-Break out the trendline
-Reject candle D1
-Divergent D1
TP
Supply zone
BTC has bounced from the support of channelHi friends, hope you are well and welcome to the new update on Bitcoin ( BTC ).
Channel oscillator:
On a daily time frame Bitcoin has formed a down channel. Now it is reached the support of this channel again. In the meanwhile the RSI is also oversold. Now if the priceline of BTC reaches the resistance then it can move to $45K.
Bullish harmonic pattern.
On a weekly time frame chart, the BTC has formed bullish Shark . There is also very strong support from $41330 to $39500, therefore the price may start a reversal move above this level. However, the maximum potential reversal zone is at $36K.
In order to trade this patter the targets can be as below:
Buy between : $42701 to $36005
Sell between: $48609 to $61939
Stop loss:
The maximum extent of the buying zone $36005 can be used as a stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 72%, and the loss possibility is 16%.
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
ICON (ICX) completing bullish Shark pattern for upto 240% pumpHi dear friends, hope you are well and welcome to the new trade setup of ICON (ICX) coin.
Previously we had a nice harmonic trade of ICX:
Now again on a weekly time frame, ICX is very close to complete the final leg of bullish harmonic Shark pattern.
POSSIBLE CRAZY FALL ON USDJPY ??!All through 2021, we've seen price rise steadily on USDJPY.
Right now, price is approaching a monthly resistance, from which a huge reaction could occur that could take price to 102.00
There's also a shark harmonic pattern in formation.
When the time is "right", we'll be looking to capitalize on this move with a 30 pip stoploss (max.)
Trade safe🥂
Keep it simple ✅
Shark Pattern at BTC DailyBTC Daily has formed a Shark Pattern. The 0.886 retracement of XA and the 2.236 extension of BC have created a cluster zone between 44000 and 43745. However, we have now unfortunately already bounced through the zone. Had the price stopped here and formed a very bullish candle, then we would have had a long signal. Presumably, however, the correction of XA is now completed, should a bullish signal arise, the direction of XA would have to be resumed, at least for 66.8%.