Over the years in committing on providing analysis for the traders, I've start to make new friends even across the platform. A kind soul has reminded me on this bullish bat setup on the 4-hourly chart while I shared my perspective of shorting the trade based on the 1-hourly chart on the bearish crab. Having the knowledge of harmonic patterns and my baseline on...
A deep gartley setup within the buy zone. Waiting for a type2 setup for a buying opportunity. I may extend the target when that happens.
A Type2 bearish shark setup for a trading opportunity, looking to stack trade and trade further for target extension. This may provide very good Reward:Risk (RRR)
A bearish shark formation forms inline within the minimum requirement. I will wait for a close of the 1-hourly candle and plan in for this countertrend trade within the sideways bounce setup, did I not mention it is also a bearish bat type2 setup. It will be a stack trade.
A type2 5-0 pattern setup as a countertrend trade. What's nice about this setup is that the type2 bearish bat pattern on the 1-hourly chart and a small bat pattern on the M15 happens within the zone which gives me a great opportunity for a second chance entry.
A bearish bat pattern has shown up in the same region of as the type2 bearish butterfly within sell zone and it is a trend trading setup. Sounds good? In most cases it is, but for this, there is a warning sign of a bullish flag pattern. Because of this, I do need further confirmation before engaging in this trade.
A bullish shark pattern has completed, as well as the 5-0pattern. Right now I'm waiting for the check-back(retest of the support) for a Type2 shark entry. Pending order has been set, while I'm off to enjoy my weekend.
EURUSD went deeper before the rebound. I will be waiting for the retest at the support level for better 2nd chance entry.
A type2 shark pattern has formed up, its an great consideration to engage the trade as it has an RSI divergence and the 1st target has not reached during the 1st attempt.
A bearish shark in the 1-hourly chart forms up the completion of the shark pattern is at the same price of the 4-hourly chart shark pattern and chart can be found on the link below.
A bearish bat setup for a shorting opportunity. I'm waiting for a restest for a type2 bat pattern. Based on the overall picture, this trade is still a trend trading opportunity.
Type 2 Bat Pattern is not the usual setup I'll trade especially the initial Bat Pattern Setup has hit Target1. In this case, there is a Consolidation pattern, a symmetrical triangle or better known as pennant having the 1st break to the downside. That signal a higher probability of downward movement. More important it gives a great reward:risk.
Already engaged for a trade to long GBPAUD on a type2 trade with profit trendline(blue) and hitting 4-hourly chart trendline(black). As market touches, the trendline is kinda a great reward:risk for trading but it also means it may hit stop if market break and close below the trendline. Great Reward:Risk is what I'm looking for, so yeap.
Type2 Bullish Shark setup as a sideway countertrend trade. Trade has already engaged but do note that the 1st take profit has happened that decrease the uptrend impulse move, I see it as a good support even on the 4-hourly chart, hence the engagement.
A bullish shark setup within the buy zone as a trend trading opportunity on the 1-hourly chart but a countertrend trading on the higher timeframe. Trade has engaged. Wonderful Reward:Risk once market hit 2nd target.
A bearish shark setup that I deliberately didn't take the trade because on last Wednesday 4Sep19 there is a Canada Rate decision marked by the red eclipse. Such an event can swing the trade both way and I'm not going to gamble again. Heard of that phrase, there's always another chance, so here it goes, 2nd chance entry I didn't take again as its Friday and market...
A bearish bat pattern traded on the type2 setup within the profit trend line. The 1st extended target of the bearish bat has already hit the target with 80pips of profit. When to extend and when not you may think? I could help, all you need is to ask and I'll head you to the direction you are looking for. Profit of course. With the final profit hit for the...
Bearish Bat trading opportunity on this setup. To many harmonic patterns traders, this bearish bat might already be invalid but not for me. The red line act as a Profit Trend Line, if you don't know what is Profit Trend Line then you might have learned this from the wrong source. It is still valid for a short because it does show a series of lower-high and RSI...