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Sharkpatterns

Murderous Intent on GBPAUDI have a murderous intent on the GBPAUD, it is not because of revenge trade, heck, I don't even have any recent losing trades, and I've been trading for some time so I don't do that, but that is because I spotted something that many traders have missed out. RSI Divergence on both the Daily Chart and 1-hourly chart. To top it up, on the Weekly Chart, the GBPAUD is on the Key Resistance Level. As usual, there are a few ways to engage the trade, but I'm waiting for the candlestick pattern to retest 1.8214 for a shorting opportunity, so that it gives me a better Profit Factor.
Short
by RaynLim
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
Short
by HarmonicLab
1
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
Short
by RaynLim
2
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.
Short
by RaynLim
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.
Short
by JD_TeenTrader
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.
Long
by RaynLim