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Bullish Shark

$WWE Shark Attack? Improbable, but I'll Bite!!WWE I think this is an outstanding growth stock, but worsening macro conditions in the mid-term may truly bring it down to a level that may very closely fit a bullish shark harmonic pattern. If that does in fact happen, and bear in mind this is a year or so away trade, I will absolutely load the boat with WWE stock sub-40. Again, it could be a bit of a stretch, but it is absolutely in the realm of possibility. Just an observation to put on your back burner. Happy hunting and GLTA!! 1.bp.blogspot.com
W
by UnknownUnicorn1314136
GBPUSD-Weekly Market Analysis-Aug19,Wk3A long waited for counter-trend trading opportunity appears as Bullish Shark pattern. So what? I shouted on the chart. ;P Lots of warning sign shows up and halt my decision to set a pending order - Buy Limit for this trade. Now, having the candle break and close below the previous low, officially place this trade to an end. On the 4-hourly chart(left), a trend trading opportunity setup, I will be waiting for the market to retrace back into the sell zone and most likely to spot a harmonic pattern on the smaller timeframe, 1-hourly chart.
Short
by RaynLim
GBPUSD-Weekly Market Analysis-Aug19,Wk2The last opportunity for a bullish shark pattern forms up as a counter-trend trading opportunity. I fully understand the pain of the real knowledgable shark trader but this is what it is, it has up to 3 potential buying opportunities and being a shark trader, you should look at all 3 if the previous failed. Psychologically wise, it can be a challenge. It is because of the reward and the actual hit rate that got me interested in this setup. Conservative trader can wait until the market moves upwards, break above and close above the cyan box(PRZ) then engaged the trade. That will increase the accuracy rate but it affects profitability. Like the industry best speak for itself, each decision in trading is a trade-off, there is no perfect scenario, choose the 1 that fits your personalilty best.
Long
by RaynLim