Bullish Shark
Profit from Your Dollar BiasCalling all like-minded traders! We've got a winning trading idea that's sure to pique your interest.
For those seeking an aggressive entry, keep a close eye on the Potential Head and Shoulders setup, which is set to complete at the 134.03 level. Alternatively, a buying opportunity could arise with the completion of the Bullish Shark Pattern at 132.51.
With two potential setups in play, the opportunities to capitalize on the market are plentiful. Don't hesitate to take advantage of these setups and maximize your trading success.
Swim with the Bulls: Capitalize on the Bullish Shark Pattern forAre you on the hunt for a buying opportunity on the GBPUSD pair? Well, look no further! The bullish shark pattern may just be the key to unlock your trading success.
At the potential buying opportunity completion level of 1.2338, all that's needed is a 3-bar reversal for the final confirmation, making it a prime time to take advantage of this bullish market trend.
Don't miss out on this opportunity to enter the market and potentially reap the rewards. Keep a close eye on the GBPUSD pair and the bullish shark pattern to stay ahead of the game.
Very Very Early Bullish Shark on High Time FramesCOINBASE:BTCUSD This is a very early Bullish Shark on High time frames. This is just a fun idea for now. I'm curious if this will hit the 1.618 at the top on the B-C leg. If C is the pivot point, were going to retrace all the way down to the 886 or past to 1.13 to 14k. One last dump before the pump. Thanks
The Big ShortThe Big Short came in on the Weekly Chart with a Triple Top RSI Divergence. Currently, there isn't any opportunity for me to engage in the shorting opportunity.
While waiting for a tested strategy like the Bearish 5-0pattern to appear, I will look out for other trading opportunity like buying on the demand zone or a Bullish Shark Pattern in taking the conservative targets.
GBPUSD is going UP, UP and UP!!If you belong to the traders that believe in currency correlations, look at the related ideas below on EURUSD and think twice!!
Correlations between currency pairs is dead for more than 10 years ago. It's unwise for you to rely on such a technique to make a trading decision.
I'm looking for a buying opportunity on GBPUSD, it can happen on a retest of support at 1.2411, or a Bullish Shark Pattern Trading setup at 1.2120.
EURO-DOLLAR, Counter-Trend Opp.EURO-DOLLAR has a Counter-Trend Trading Opportunity(left). Traders looking for a counter-trend trading opportunity could wait for the market to retest to 1.0975 for a shorting opportunity. This is possible not because of the Bearish Shark Pattern Trading Opportunity, but a retest of resistance on the Weekly Chart.
If this is not for you, then perhaps the Bullish Bat(red)(right) or the Bullish Shark(right) gives you, a trend trader, an opportunity to engage.
So, what is what? If you have that question, focus on 1 and not engage on both.
Unique Combo Trade!Probably a trade that has a 20:1 Reward: Risk trading setup.
On the 1-hourly chart, we have a Bullish Gartley Pattern that comes inline with our 4-hourly chart, the Bullish Shark Pattern retest and on the Weekly Chart, the Bullish 5-0 Patterns.
If I stretch the final target to the Weekly Chart completion, the returns would be stunning, but this trade could take up to 2 months or a month.
Furthermore, we might have more stop-out then hitting the target in 1 U-Turn, so it is NOT a trade for traders who won't afford to have their trade stop out multiple times and still looking for buying opportunities.
If you are thinking of risking more than you usually do; or you plan to follow the trade blindly; or even worst, not putting your stop-loss, this is not the trade for you.
As a full-time trader, I've been very patient to look for the trade that suits my profile and the trade I'm planning.
I couldn't stress any more by saying trading is more like a business than a job. It is not the number of deals you do, but the 1 you chose to take and the 1 you chose not to participate.
Ravencoin: Looking For A HeartbeatRavencoin has Bounced once from this Logscaled Gartley and failed to Breakout of the Channel and now maybe looking to come back down to the PCZ and hopefully hold on to a Double Bottom. However, before RVN can even come back down to the PCZ it must first breakthrough the Heartline of the Parallel Channel on which it currenly so happens to be resting. Due to a smaller Bullish Shark Visible on the 1 hour at it's current price level there is an elevated chance that RVN may not come all the way back down to the Gartley PCZ and instead confirm opt a Higher Low here at the Heartline to make a rush for the AB=CD targets of $0.21-$0.42
Here is a screenshot of the 1 Hour Shark For Reference:
ALGOUSD: Potentially Reversing Bullishly From Multi-Year-LowsAlgorand is currently sitting at 3 Year lows which happen to align with the log scale 78.6% Fibonacci Retrace and has with the assist of some Bullish Divergence, Bounced back above the Descending Trendline.
If we get the ideal performance from this price action, we could see ALGO eventually make its way to 78.6% retrace above at around $1.5 or even higher.
Finally, A Long Waited Buying OpportunityIf you are in trading for a good 10 years, you would understand the effect of the Safe Haven Currency. And this is 1 of the reason why I've been waiting for a buying opportunity and finally the long waiting setup is here. A Bullish Shark Pattern completion at 132.12, I'll be waiting for a Candlestick Pattern confirmation before engaging the trade.
At Least 200pips of Profit PotentialThe Bullish Shark Pattern(right) has not reached its final target level. Trend Traders could wait for a buying opportunity off the 4-hourly chart(left), support level at 1.0748. Should the Candlestick Pattern break and close below it, I'll be waiting for Bullish Bat Patterns that completes at 1.0562.
And because the Point C of the Bullish Bat Pattern touches Point A, it became a warning sign, I'll need to wait for a Candlestick Pattern confirmation at the PRZ(box) before engaging on the trade.
It is the right time we fly, BUY.It is very clear that the US Tech 100 has been found consolidating for a long window as part of the cooldown, the strong support window allowed for a reversal, and currently, it is trading perfectly such that it will take major support as quoted and take a move to R1 and R2 and then soon we can also expect a short covering rally, flying into 13000, it is good that we buy at 12,500 levels with a stop loss of 50 points, the bullish momentum has been calculated using machine learning and Artificial intelligence techniques with statistics as a base.
Note: Trade at your own risk.
A 213pips of Profits PotentialOn the right is the Bullish Shark Pattern that has been identified since the week before(related idea is within this TradingView post).
On the left is one of my favourite trading setup, the Sideway Bounce trading opportunity. Trading from end to end gives 213pips(2,130usd/lot) of profits potential. The market has to touch 1.0745 to complete the Sideway Bounce trading setup, but a retest to 1.0532 would be good enough to engage it as a combo trade and ride on the Bullish Shark Pattern on the higher timeframe as a combo trade.
Bullish Gartley Pattern at XBullish Gartley Pattern at X is a trading setup that most Harmonic Patterns Traders won't be taking. I'm waiting for a retest at 0.9050 in waiting for a buying opportunity.
The retest will have the Bullish Shark Pattern form up on the first time on the 1-hourly chart. A perfect setup for a Combo Trade Trading Management.
Combo Trade, Buying Opportunity on EURUSDOn the right, the Bullish Shark Pattern has been completed. A retest at 1.0530 would give an opportunity for trend traders to engage in the trade.
On the left, the sideway bounce trading setup on the 1-hourly chart gives traders like me to trade it both ways, shorting and buying opportunities. However, my focus will be put on the buying opportunity at 1.0537 to form a combo trading management setup.
Opportunity to buy some Gold$1824.47 is a Great price for me to engage the Gold on a buying opportunity, especially a Bullish Shark Pattern has shown me an opportunity to get involved.
Normally I don't like to engage the trade on a Friday evening(SGT), but a trade like this with RSI Divergence it's hard to say no.
NATURALGAS: 3 White Soldiers at Bullish Shark PCZAt the start of the year Natural Gas had a potential Bullish Shark setup at the minimum .886 PCZ and it ultimately failed to pivot from there but now we are significantly lower at the 1.13/1.618 Confluence zone of this Shark and are showing Bullish Divergence on the MACD as well as a 3 White Soldiers pattern on the daily. The bullish Target for Natural Gas remains to be $4.5 but it could go as high as $9.00. As for stops i'd put it below the second candle of the 3 White Soldiers Pattern which should be below the PCZ.
1 Trading Ideas might workThe Bearish Shark Pattern with a HUGE cross might not complete this round; instead of the Shark Patterns, it could form a Bearish Gartley Pattern.
Personally, I will have my focus on the Bullish Shark Pattern that is completing at 1.188.
I've a Bearish Biasness on the GBPUSD based on the higher timeframe, which means the buying trend would be a means to an end.
If the Bullish Shark Pattern does form up, I will be waiting for the Bearish 5-0 Patterns.
I know there is a lot of this going, I will be updating my analysis along the way.
Feel free to prompt and remind me in the comment segment if I've not done so.
A buying and shorting opportunityA buying opportunity and shorting opportunity present on the EURUSD trade, which would you take?
On the higher timeframe(right), there is a buying opportunity base on the Bullish Shark Pattern that is completing at 1.0519. Although the trade is within the Buy Zone(blue box), a retest at 1.0519 with an RSI Divergence is preferred.
On the 4-hourly chart, the Bearish Flag Pattern is on the move. The way I'll trade it is to wait for a retest at 1.0666 with an RSI Divergence.
Both setups are trend trading; which trade would interest you?