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Sharkpatterns

Waiting for ConfirmationIf you're seeking shorting opportunities on EURUSD, I've got two potential setups for you. Remember, always wait for candlestick pattern confirmation before making your move. Bearish Shark Pattern: Look out for completion at 1.0917. Bearish Bat Pattern: This setup is more intriguing to me, as the Potential Reversal Zone (PRZ) aligns with the bearish trendline. Be patient and let the market confirm the patterns. Share your thoughts and trade plans on EURUSD below!
Short
by RaynLim
Copper shark attackIf you trust the recent 9/20 day moving average crossover enough to short copper, today's bounce back toward the 9MA might be a good one to sell. When setting a profit target to the downside, a harmonic trader could project a shark with its C-point (D-point in the diagram) in the neighborhood of 3.5365 (red circle), for about a USD0.25 profit per contract. This would work out to USD625 for the mini contract or USD3125 for the full contract. If the shark went on to complete by drawing a full CD leg (green arrow to green circle), that would be another USD0.25 to the upside.
COMEX_MINI:MHG1!
by SwingWaiter
Multi-Pattern Analysis - A Comprehensive ViewMonths ago, I shared insights into the impending Bearish Fib-3 Bat Pattern on the weekly chart, offering substantial profit potential (over 10,000 USD/lot). Check the detailed analysis within the TradingView post. Presently, my attention is drawn to a potential Head and Shoulders formation, indicating a shorting opportunity of more than 1,000 pips on the weekly chart. However, for those seeking a buying opportunity, observe the Bullish Shark Pattern completing at 143.71. My stance: Bearish in the short-term, Bullish for the long-term. Share your thoughts and trade plans below!
Short
by RaynLim
Awaiting Bullish Gartley Pattern after Bearish Shark SetupNZDUSD showcases a compelling combo trading setup - a Bearish Shark Pattern visible on the weekly and daily charts. This combination suggests potential movement in the market. My approach involves waiting patiently for the market to shape a Bullish Gartley Pattern on the 1-hourly chart. This setup offers a more favorable Profit Factor, enhancing the trade's potential. What are your thoughts or trade plans regarding NZDUSD? Share your insights below!
Short
by RaynLim
Bullish Gartley Pattern Alert on 8 Range Bar ChartA Bullish Gartley Pattern has emerged on GBPJPY's 8 range bar chart, presenting an opportunity for those leveraging TradingView Pro account alerts. Alternatively, setting alerts on the 15-minute chart is viable for this setup. This pattern aligns with a buying opportunity that could ride the bullish wave, in conjunction with the Type2 Bullish Shark Pattern on the daily chart. What's your trade plan or analysis for GBPJPY? Share your insights or strategies below!
Long
by RaynLim
3
Shorting CADJPY with Weekly Chart Alignment & Intricate AnalysisIf you missed the chance to capitalize on the sell limit at 110.36 aligned with the Weekly Chart's Shark Pattern on CADJPY, amounting to a 306-pip move (~3,060 USD/lot), don't dwell on the past. Now, there's a fresh opportunity presenting itself on the 1-hourly chart – a Bearish Shark Pattern gearing up to complete around 108.01. To optimize this trading chance, exercise patience and await candlestick confirmation before entering the trade. Are you eyeing this CADJPY setup? Share your thoughts below!
Short
by RaynLim
1
Shorting Caution and Planning for Long-Term Opportunities!GBPUSD exhibits a stronger bullish trend compared to EURUSD, despite a Weaker Bull Trading setup. I'm eyeing a buying opportunity for a longer-term trade strategy. However, this doesn't deter me from considering a Bearish Shark Trading setup on the 1-hourly chart as a potential shorter-term play. Simultaneously, I'm patiently awaiting the formation of a Bullish 5-0 Pattern, which could serve as an entry point for a longer-term buying opportunity. What's your take or strategy on GBPUSD? Share your insights below!
Long
by RaynLim
Profitable Moves, Stop Loss Placement, and Shorting OpportunitieReady to embark on the hunt for the next trading ventures? AUDCAD offers an array of possibilities to satisfy that desire. For those eyeing buying opportunities, the 4-hourly chart displays a potential Double Bottom retest around 0.8922. Alternatively, a Bullish Shark Pattern might complete around 0.8878, presenting another entry possibility. On the flip side, for traders seeking shorting opportunities, the 1-hourly chart indicates a potential Double Top Retest completing at 0.8963. Alternatively, keep an eye out for a Bearish Shark Pattern completing around 0.9006. What's your strategy for AUDCAD? Share your thoughts or trade plans in the comments below! Let's explore these potential setups together. 💬📈
by RaynLim
Trend Rotations and Trading OpportunitiesEURUSD seems to be displaying signs of a weakening bullish trend, paying homage to its prior structure with an immediate retracement. For those eyeing a potential buying opportunity, I'm personally keeping an eye on the Bullish Shark Pattern, anticipating a 3-bar reversal around 1.0688. That might just be the sweet spot for a promising buying opportunity! 🦈💱 What's your take on EURUSD's movement? Share your trade plans or thoughts on this trading setup in the comments below! Let's discuss our strategies for navigating this market. 🗨️📈
Long
by RaynLim
Potential Trend Trading Opportunity with Bullish Shark PatternNZDJPY reveals a promising Bullish Shark Pattern, presenting a potential trend trading opportunity. While waiting for a 3-bar reversal offers further confirmation, it's prudent to engage post a weakening of the bearish move. For aggressive traders, immediate entry might be considered, with a crucial emphasis on identifying stop levels to mitigate risk. What are your insights or strategies on NZDJPY? Feel free to share your thoughts below!
Long
by RaynLim
Weekly Marubuzu Candle & Hourly Bearish PatternsNZDUSD presents a Bearish Butterfly Pattern on the Daily Chart, tempting many traders to consider shorting. However, a note of caution: ensure the candle breaks and closes above the PRZ (red box) for confirmation before proceeding. My strategy leans towards prudence, awaiting further validation through the Bearish Shark Pattern on the 1-hourly chart at 0.6219. This approach not only reduces risk but also offers better returns, granting additional confirmation before entering the trade. What's your take or trade plan on NZDUSD? Share your insights below!
Short
by RaynLim
4
Retesting Supports And Resistances - Key Zones RevealedEURUSD offers a spectrum of opportunities catering to both buyers and sellers. For those eyeing a buying opportunity, consider confirmation at the current price for a structured trade on the 4-hourly chart. Alternatively, trend traders might await a retest around 1.0688, targeting a bullish shark pattern setup. On the flip side, if shorting is your preference, keep an eye on a potential retest of support at 1.0896, presenting an opportunity for a bearish trade. Share your trade plan or thoughts on EURUSD's potential below!
Short
by RaynLim