Perfect automated detection of Cypher & Shark PRZ - ShortA bearish-type big Cypher pattern occurred within the resistance zone of 1.4590-1.4770.
(In this resistance zone , there was a rebound in Oct 2020, Jul 2020, ...)
If the price rises to 1.4837, a bearish-type Shark pattern could occur.
Short after seeing the rebound. At that time, be careful of re-inversion in the support zone of 1.3870-1.4230.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
Sharkpatterns
GBPAUD - Bearish SharkOn the daily chart, there is a kiss-of-death setup. What's kiss-of-death, well a term that was given to describe a retest of double top setup, came so close to violating it. And this is what makes this Bearish Shark pattern special.
I'm waiting for the market open and wait for a shorting opportunity.
Let us know if you prefer the current Shark Pattern setup or the one on EURUSD.
EURUSD-Weekly Market Analysis-Dec22,Wk1If you missed the trade ideas of EURUSD on Friday, this might give you a 2nd chance to engage in the trade. With that said, do your market analysis and not follow blindly.
What's nice about this trading setup, the three primary timeframes I'm looking at has all the bearish trading setup I need.
Daily Chart - Bearish Crab setup
4-hourly Chart- Ascending Channel with RSI Divergence on overbought region
1-hourly Chart, Bearish Shark Pattern retest
EURUSD - Bearish SharkFinally, a bearish shark pattern qualifies as a shorting opportunity. It has been a long waiting opportunity for this shark pattern trading setup.
As you know or may not know that Shark Pattern can have as many as three different trading zones.
What is needed is patience; failure to do that results in the loss of profits from trying to capture it and losing confidence to trade the next trading setup.
NZDUSD - Bearish Shark comboNZDUSD has a Bearish Shark Pattern on the intra-day and daily chart timeframe. My engagement will be on the intra-day timeframe; that's when the Shark Pattern completes at 0.6270. A minimum of 3-bar reversal must be seen on the intra-day timeframe before engaging in the trade.
I would stretch my targets to which of the daily chart patterns, giving me a lower risk with higher returns. You can't do this to all trading setups, and you have to understand the trend well before you could even consider doing that.
A 1:5 Risk to Reward Sell on NZUSD (USD will go up) Hello everyone,
It has been a while since we had a proper post and we hope to return back to normal moving ahead.
The past 6 weeks has seen a massive weakening in the USD which means stocks has strengthened a lot. This is to be expected as markets swings in both directions.
We see all the USD pairs are completely overbought. (AUDUSD, NZDUSD, GBPUSD and USDCHF being oversold).
This is the moment USD is likely to strengthen and we see the turning point around here.
What are waiting for to pull the trigger on NZDUSD?
1) Hoping for it to get to 0.6120
2) Looking for M15 divergence
3) H4 is already overbought
4) Selling against the high off last week.
If you are patient (and lucky) you are looking at 0.5875 as the target.
USDCAD - Bullish SharkA potential Bullish Shark Pattern is looking to complete at 1.3039, visually it is close to the Weekly's Chart Key Support Level at 1.3004.
The perfect setup would be the candlestick wick touches 1.3000 but close above 1.3039. This would bring 3 groups of traders to engage in the trade.
1. The Harmonic Patterns traders
2. The Structure Traders
and
3. The Price Action Traders
You have witnessed how we rank the importance and the potency of trading ideas.
Check out the link at the bottom of the post to join our community.
Perfect automated detection of Shark & Nenstar PRZ - ShortA bearish-type Shark pattern occurred.
If the price rises to 8.342, a bearish-type Nenstar pattern could occur.
Short after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
Perfect automated detection of Cypher & Shark PRZ - ShortA bearish-type big Cypher pattern occurred.
If the price rises to 0.7174, a bearish-type big Shark pattern could occur.
Short after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
Perfect automated detection of Shark & Nenstar PRZ - ShortA bearish-type Shark pattern occurred.
If the price rises to 0.99423, a bearish-type Nenstar pattern could occur.
Short after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
EURUSD - 5-0PatternWell, if you guys are aware, I do not usually post an analysis based on M15 timeframe, but this setup is worth watching. The distance between the red and blue line is 43pips, substantial profit between the 2 levels.
On the red dotted line, come the completion of the Bearish Shark Pattern and the blue dotted line, Bullish 5-0 Pattern.
Candlestick Pattern confirmation is required before one consider it as an trading ideas.
p/s do your own analysis and never follow blindly
GBPUSD-Weekly Market Analysis-Oct22,Wk3A Potential Bearish Shark Pattern may complete at 1.1436 and a Potential Bullish Bat Pattern may complete at 1.0634. Although I am not optimistic of the completion of the shark pattern but it is important for you to know there is such possibility.
I would like to congratulate you if you manage the engage the Bearish Crab Pattern, make sure you have shift your stop-loss to entry.