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!
Sharkpatterns
Monitoring Key Level Post Bullish Shark Pattern ConfirmationCADJPY exhibits a confirmed Bullish Shark Pattern on the 1-hourly chart, prompting my engagement in the pattern. However, my attention is focused on the critical 108.55 level.
I'm closely monitoring the market's behaviour around this level. A preferred scenario would involve a break and close above 108.55, signifying potential bullish momentum.
What's your analysis or stance on CADJPY?
Share your thoughts below!
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!
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!
CyberpunkRecently diving into Cyberpunk 2077 has unveiled the developer CD Projekt's potential. The studio's shares are listed, prompting consideration for ownership.
The stock's recent performance may align with the game's reception, but it's crucial to delve deeper into CD Projekt's fundamentals beyond a single release.
For those intrigued by this opportunity, exploring platforms enabling ownership and spot trading of CD Projekt shares might be beneficial.
Share your thoughts on CD Projekt's stock potential or experiences below!
Why we are selling AMZN at 148The market's bull run is set to end based on the indications for seeing on the S&P.
AMZN is one of those stocks that have been quite bullish and a correction is on the card at the 150 mark. The technical indicators are:
1) Daily chart is overbought
2) H4 is overbought and lot of divergence present
3) The upward trend line has been violated which has been intact since October 23, 2023
4) There is a shark pattern in play
This will need to be held for 3-4 weeks until it hits close to 132 or there is a buy pattern. Good luck to you and may the pips be with us.
Convergence of PatternsTraders, I've spotted a compelling shorting opportunity on AUDCAD, presenting itself differently across various timeframes.
Specifically, the daily chart indicates a trend trading setup, showcasing the convergence of both the Bearish Shark and Bearish Crab Patterns in the same region.
My strategy involves waiting for the market to reach the 0.9000 region before considering engagement. At this level, I anticipate price action traders joining in, amplifying the trade potential.
What are your thoughts or trade plans for AUDCAD? Share your insights or potential strategies below!
Leveraging Multi-Timeframe Bearish Shark PatternsI've identified an intriguing counter-trend setup on NZDJPY, which showcases alignment across the Weekly, 4-hourly, and 1-hourly charts, all converging around the same entry point featuring Bearish Shark Patterns.
A notable aspect is the different starting points of the Shark Patterns across these timeframes, culminating in an intriguing entry zone. This convergence offers an opportunity with potentially lower risk and higher return probabilities.
For a comprehensive view, check out the weekly chart within TradingView and explore related ideas.
What are your thoughts or trade plans on NZDJPY?
Feel free to share your insights or potential strategies below!
Diverse Trading Scenarios ExplainedGBPUSD is on a Weaker Bull Trading setup, if you are looking for buying opportunity there are 2 trading opportunities for you.
The Bullish Shark Pattern may form on the daily chart at 1.2343, alternative you could wait for a retest of support at 1.2559 on the 1-hourly chart.
If you are looking for counter-trend trading opportunity, the 1-hourly chart do have a bearish abcd pattern that is completing at 1.2651.
What is your trading strategy, comment down below.
AUDJPY Short for 1:5 Risk to RewardBuying YEN has been a risk for the past few months. In fact, it is the best time to go to Japan as the YEN is super weak.
Having said that, we have a good opportunity to sell AUDJPY now. The risk rewards makes sense and here are the reasons.
1) Daily Divergence is present
2) There is a harmonic pattern to sell at 98.50
3) Strong resistance
Stop loss would be just 30 pips and we are targeting about 150 pips in rewards.
Potential Bearish Moves Amidst Bullish SignalsNZDJPY presents an intriguing trading setup despite being a counter-trend trade.
The observation of a Bearish Shark Pattern checkback on the Weekly Chart , along with RSI Divergence , adds weight to this potential trade opportunity.
I'm waiting for a shorting opportunity on lower timeframes and, specifically, looking for a 1-1 trading setup , intending to initiate a short position at 91.99 on the Daily Chart.
Trade plans can vary among traders based on their analysis and risk management approach.
What's your trade plan or strategy for NZDJPY?
Feel free to share your insights or plans below!
Navigating Contrasting Trading OpportunitiesGBPUSD is currently indicating a Weaker Bull Trend . Here are potential strategies for different trading approaches:
Trend Traders :
Waiting for a Bullish 5-0 Pattern on the 4-hourly chart at 1.2334 might align with your strategy as it complements the ongoing bullish trend.
Counter-Trend Traders :
For those seeking a counter-trend opportunity, a shorting opportunity off the Bearish Shark Pattern retest at 1.2453 or the completion of a Bearish Gartley Pattern on the 1-hourly chart at 1.2478 could be of interest.
Each approach carries its risks and rewards. Ensure to align these strategies with your risk tolerance and trading plan. Best of luck with your trading decisions!
Navigating the Bearish Shark PatternGBPJPY currently positions itself at the Bearish Shark Pattern. While the pattern is not yet confirmed, aggressive traders might be tempted to seize the opportunity early, either to ride the potential high or out of fear of missing the move.
It's important to note that a shark pattern could offer as many as three entry points.
I'm intrigued to know your trade plan for GBPJPY. How do you intend to approach this setup? Share your insights below!
Seize Trading Opportunities This Week!For those seeking a counter-trend trading opportunity, CADJPY may present an intriguing prospect. On the weekly chart, a Bearish Shark Pattern checkback is in play. For those desiring a more precise entry, waiting for the Gartley Pattern confirmation on the daily chart could provide a strategic shorting opportunity.
I'm eager to know your trade plans for CADJPY. How do you intend to navigate this setup? Share your insights below!
Optimize Your Trades with In-Depth Analysis!AUDCAD has unfolded a compelling Bullish Shark Pattern trading setup on its weekly chart, offering amazing opportunities for those who engaged in the trade three weeks ago.
For those who missed the initial move, a strategic move would be to await the market's respect of the Support Level on the 4-hourly chart. To identify this respect, one approach is to watch for a double bottom formation with RSI Divergence, ideally aligning with the support line.
Now, I'm curious about your trade plan for AUDCAD. What strategy are you employing? Feel free to share your insights below!
Exclusive Insights Inside!Last week, I issued a warning: "it's not a good idea to short the USDJPY!" Despite months of anticipation, the bull run on USD is not yet complete. If you're still waiting for a shorting opportunity, keep an eye on the 4-hourly chart for the development of the bearish shark pattern—a potential entry point for this counter-trend trade.
Now, let's discuss trade plans and your thoughts on the USD trend. What's your approach to USDJPY, and where do you see the US Dollar heading? Share your insights below!
Dive into GBPUSD Trading InsightsGBPUSD currently exhibits a Weaker Bullish Trend on the weekly chart, introducing interesting dynamics.
On the 1-hourly chart, a bearish shark pattern emerges, presenting a counter-trend trading setup. Simultaneously, the 4-hourly chart showcases a bullish bat pattern within the buy zone.
My preference in this scenario is clear—I favor the bullish bat pattern on the 4-hourly chart.
Now, I'm curious about your preference. What's your take on these setups? Feel free to share your insights below!
Aggressive Counter-Trend PlayI've identified a Bat Pattern retest on the NZDJPY, representing a counter-trend trading setup. This trade is categorized as a combo trade due to the presence of a bearish shark pattern retest on the weekly chart.
In this instance, I've opted for an aggressive approach , meaning I'm engaging in the trade before waiting for candlestick confirmation.
The profit potential for my final target is quite remarkable.
A gentle reminder: Never follow any trade blindly and refrain from overtrading, regardless of your confidence in this trade or in me.
Wishing you successful trading!
NVIDIA: Bearish- SHARKS detectedNVIDIA: SHARKS detected
In a significant industry shift, Baidu Inc. BIDU has reportedly ordered AI chips from Huawei in a move away from its longtime supplier Nvidia Corporation NVDA, signaling changes in global technology alliances. What happened: Baidu struck a deal with Huawei to supply artificial intelligence chips, marking a shift from its usual supplier, Nvidia, Reuters reported. The move is attributed to increasing US restrictions on technology exports
to monitor:
EMA.200 and EMA.50
GAPS around $423 and $306
the PRZ
AUDUSD - The BUY after yesterday's sell Yesterday's trade on AUDUSD was perfect. If you had taken it, the pair would have given you almost 85 pips which is about 2.5% return. Well done!
AUDUSD is still in the uptrend. There is H4 MA support along with Daily uptrend.
There is also a shark pattern to buy. We are going long now hoping for about 40-50 pips.
SGO: Bearish-Shark+ Wolfe Wave+ GartleySAINT GOBAIN: Shark+ Wolfe Wave+ Gartley detected
A harmonic SHARK and GARTLEY pattern have been detected
furthermore A Bearish Wolfe wave.
you need to monitor the EMA.50 and EMA.200, as well as your Fibonacci and Bollinger levels.
Also note that Compagnie de Saint-Gobain is among the world leaders in the manufacturing and marketing of construction materials for the construction, mobility, health and industry sectors. The activity is organized around 4 poles:
- manufacturing of high-performance solutions: ceramic products (world no. 1 in thermal and mechanical applications of ceramics) and plastics (world no. 1), abrasive products (world no. 1) and reinforcing materials (world no. 1 in glass threads);
- distribution of materials: notably under the Point.P brands in France, Dahl in Scandinavia and Telhanorte in Brazil;
- manufacturing of construction products: exterior products (facade and PVC products, asphalt shingles, etc.), insulation (glass wool, insulating foam, metal ceilings, etc.) and pipes, industrial mortars and gypsum materials;
- manufacturing of glazing: flat glass, automobile glazing, specialty glass (fire-resistant glass, nuclear protection glass, etc.). The group is also developing a glass processing and distribution activity for the building industry.
in addition, the appointment of Arnaud Tractere, new general manager of Saint-Gobain Weber France, could be a GAME Changer He took office on November 1, 2023, succeeding Marine Charles.