Will this pair eventually be a bearish shark pattern or a type2 bearish deep gartley pattern? And all this will be determined by the candle close. Latest by Tuesday, 11May21 we will have an idea of this trading setup.
Well, the market has spoken, the setup is more of a bat pattern than a shark pattern. The ideal situation right now is that the market head down towards 0.7733 and rebound to 0.7785 and give us an amazing shorting opportunity. That pretty much looks like Hollywood trading, well jokes aside Type2 Bearish Bat setup waited at 0.7785 for the shorting...
This is a valid Butterfly Pattern setup. You might ask why is that so? It's because the Stop-Loss wasn't triggered. It has also reached the 1st target. At this moment I'm waiting for the market to retrace back to the black box for a type 2 bearish butterfly shorting opportunity, breaking and closing above 1.1989 will invalid the pattern.
Within the Buy Zone(Demand Zone) we have a Bullish Shark setup. Yes, we can expect a Type2 Bullish Shark setup. Candlestick confirmation is important before engaging the trade. This is because having a type2 Bullish Shark pattern means that the previous Bullish Shark has hit the 1st target and traders might exit the trade which can weaken the bull run.
A Bearish Shark & Crab pattern setup and completes at the same point. You can wait for a retest back to the previous high for a Type2 shorting opportunity for the Harmonic Patterns. This might look like a countertrend trade for most, but it is a potential trend reversal setup for me.
At this moment the market is showing a Type2 Bearish Bat Pattern, Aggressive Trader can consider a shorting opportunity for the setup. The 1 thing you need to take note of is the trendline, once it reaches the trendline level, you have to shift stop to entry, that will prevent you from making unnecessary losses. Conservative trader can wait out for confirmation,...
Last week I have reminded you guys on a shorting opportunity on this Bat Pattern and I hope that you didn't miss the 90pips bear run which is approximately 900USD/lot traded. In my Video Analysis, I did speak about buying on the trendline as long as the candle didn't break and close below it, that gives you an 80pips of running profit at this moment that will give...
A type2 Bearish Shark and Crab pattern may set up for a great shorting opportunity. The price I'm looking to engage in a range of 1.3322-1.3338. President Donald Trump earlier wants to have the vote-counting stop and want to bring this to the supreme court.
Waiting for a type2 bearish butterfly shorting opportunity on this pair. On the 4-hourly timeframe, this is still a trend trading setup. Whether to engage this trade will depend on how the current candle close. Actual target will be sent to our community, check out the link at the signature.
A counter-trend opportunity on EURJPY as the market presents a Type2 Bearish Bat Pattern setup. Trade has already been engaged and it takes on an aggressive approach, well, sort of. The market did have a confirmation before(circled in yellow) right now is the retest or known as double top to some. The only concern is that candle confirmation(circled in yellow) is...
A type 2 bearish bat pattern has created a trend trading opportunity. Pending order has been set in, let's see how's the trade goes.
Waiting for a retracement back to 1.2523 as long as it doesn't break and close above the recent high, it will be a good consideration for a shorting opportunity. If the market head back down to Point D, with an RSI Divergence I will head into the Type2 Bullish Bat Pattern trading opportunity.
A type2 bearish shark pattern is in the zone. It's known as the type2 pattern because it has reached the first target. Sell limit has been placed.
A sideways consolidation on the daily timeframe which indicates by the big green box, there is a bullish bat has triggered on the 1-hourly chart. Traders who are looking for a buying opportunity can wait for a retest at the entry price which the chart indicates (Terminal) for a type2 trading opportunity.
A Type2 Bearish Bat pattern has surfaced, the 1st test on the trendline wasn't a strong indication as we do not have sufficient evidence to see if that's the next high price of the move. I'm looking for a shorting opportunity on this trade setup.
A pattern over pattern, the emerging bearish shark completes at the region on the Type2 Bat Pattern, a confirmation is needed to engage this trade setup.
A TypeII Bullish Butterfly Pattern setup for a buying opportunity and if the market head up we have a bearish crab setup waiting for us, it will be an interesting week ahead.
A bearish Bat Pattern Type2 set up, waiting for a retest at the tip of the box to engage for a trading opportunity within the green box and support line(blue).