ABC Correction with Bullish Shark & Bat Type 1 Return Target 39KUptrend ABC Correction with Bullish Shark Retrace to .786 & Bullish Bat Type 1 Return Confirmation Higher Low. Full Fib Extension Target Top 39,000-39,600.
Bullish Shark
WTI Oil - Bullish GartleyWTI Oil or commonly known as the US Oil has a Bullish Shark setup. The Shark Pattern is completed and you can wait for a retest at 108.24 for a second chance buying opportunity.
You can find that there is a similarity between this and Brent Oil and liked its "distant relative" of the West Texas Oil the Bullish Gartley Pattern.
The SPX From Here Still Has a Shot at a Relief RallyWe have a Bullish Shark at the PCZ of a Bigger Bullish Alt-Bat with Bullish Divergence and it may be hinting at the possibility of a Relief Rally starting within the next few days.
GBPAUD - Bullish SharkBullish Shark pattern on the Range Bar Chart on GBPAUD. Any takers?
I must remind you that, there is 1 critical warning sign on this setup. I will need to wait for a 3 bar reversal and retest to long it.
CADJPY - Bullish SharkBefore I talk about the Bullish Shark, I like to talk about the Bearish Shark Pattern(check out the related ideas posted within TradingView). That trade's target one has been attained{90.44} a total of 192pips captured, and its first target provides a 2.74 reward: risk ratio.
The market has to break and close below 89.81 will significantly increase the odds of the 2nd target being hit.
I will be shifting target2 further to 88.80, giving a 4:1 ratio to its risk profit.
If you have not engaged in the trade, do not chase the market.
I will then reverse the trade by counter-trend trading it as I engage the Bullish Shark setup.
1 Hour Bullish Shark Entry on ALGOWe have some Bullish Divergence on the RSI and will likely Develop some on the MACD i already entered at lower prices from the bigger more MACRO setup i posted for ALGO but this looks to be a good secondary entry that could perhaps even take us above the hourly targets and into the weekly targets.
Bullish Shark at Support Line with MACD Bullish DivergenceFrom the looks of it AXS would like to see one more bounce before it resumes it's Bearish Trend. I suspect close to a 50% Retrace of the Prior Highs before an Ultimate Reversal back to the downside.
For now the trade is Bullish and Profit Taking Targets range from 80 dollars to just over 100 dollars.
Weekly Piercing Line at PCZ of Bullish Shark on PaypalCould see a 50% retrace back to the upside from here.
Bullish Shark Could Take Algorand Up 400%We have a bit of Bullish Divergence on the RSI and MACD at the PCZ of this shark best case scenario is it comes up to make a Higher High at the 1.618 Extension
Bullish Shark 1.13 Entry on CRVUSDWe have a bit of Bullish Divergence at the 1.13 Extension of a Bullish Shark and I Will be targeting the 50-61.8% retrace from here.
ICPUSD Bullish Shark with lots of RSI Bullish DivergenceWe have what seems to be a Lower Low Double Bottom at the PCZ of a Bullish Shark Pattern with a bunch of RSI Bullish Divergence that if it plays out will take us up to around a minimum of $50
GBPUSD-Weekly Market Analysis-Feb22,Wk4A Bullish Shark Pattern trading opportunity present itself at 1.3567 for a trend trading opportunity within the Bullish Flag consolidation zone within the 4-hourly chart.
If you have saw last week video, you would have spotted the trading setup and capture the 116pips(1,160USD) move.
If you missed it, no worries, wait for a 3bar reversal on the 1hourly chart after the Shark Pattern has formed.
Do note that the Shark Pattern can have up to 3 entry zone and a True Shark Pattern trader should have all 3 tries.
EURUSD-Weekly Market Analysis-Feb22,Wk4If you had caught the Bullish Shark Pattern and Bearish 5-0Pattern congratulation to you. That's 100pips on each movement, which totals to 200pips(2,000USD/lot traded) if you traded both of them.
Some traders do trade Type2 Pattern, if that's you there will be 1 that is showing up, the Shark Pattern on the 4-hourly chart soon.
However, if that's not for you, there is a Bullish Gartley Pattern that is complete on the 1-hourly chart in the same region.
AUDUSD - Bearish 5-0 PatternIt depends on the way that you read the candlestick chart, the Bullish Shark Pattern may have formed. If so, if you have plans of trend trading, you can wait for the market to retrace back to 0.7109 and engage the shorting opportunity through 5-0 Pattern.
Quick Update/Reminder: The Bullish USDCNH Trade is Still LiveWe are still at the PCZ of a Bullish Shark Visible on the Monthly with Hidden Bullish Divergence on the MACD; It's almost been a year since the original post and i just thought it'd be appropriate to call some attention back to this one.
If you want to see the original post it's in the related ideas section below.
COTTO | Bull Shark| Rectangle - Entry@Breakout SetupPrice Action & Chart Pattern Trading Setup
> Bullish Shark Harmonic in rectangle consolidation area
> Entry Setup - wait for confirmed BREAKOUT rectangle or SMA200
> RSI & MACD bullish divergence crossing baseline.
Trade with affordable risk ratio 3:1
Always respect your stoploss
Good Luck
GBPUSD-Weekly Market Analysis-Jan22,Wk4We are already in this trade. The 1-hourly chart Bullish Shark Pattern, check the link within the TradingView for more insights on this trade. But if I were you, I will wait for a break and close above of the blue trendline that was highlighted in the chart, that will give further assurance on the trade, but you will have to trade it off with the better entry price you are getting at this moment and the RSI has a RSI Divergence at this moment, but I were you, I will be waiting and that is because there is a Bullish Butterfly Pattern that complete at a lower price at its 4-hourly chart.
To be honest, even within the Butterfly Pattern in the 4-hourly chart. It is definitely a good idea to have one more filter checked off.
What would it be like for you?
1. Engage Now
2. Wait for candle break and close above the trendline
3. Wait for Bullish Butterfly on the 4-hourly chart.
Comment down below.
GBPUSD - Bullish SharkA Bullish Shark counter-trend setup is great for counter-trend traders. Although this trade doesn't have great structure-based support, the Reward is to Risk Ratio is healthy.
I'm in, will you?
AUDCAD - Head and Shoulders comboWell, if you are into the slanted Head and Shoulders pattern, here we have 1 for you. The challenge is to determine the right shoulder.
I've plotted the estimation and will check 1st thing in the morning if the pattern fits my rules.
What I love about this setup is that it has an RSI Divergence on it.
What have you spotted? Comment down below.
USDCAD - Bearish Bat checkbackUSDCAD has one of the best setups for the week. Aggressive Traders can consider shorting the Bearish Bat Pattern as a Trend Trading Strategy. Conservative Traders can wait for the market to pull back to 1.2562 for a shorting opportunity on the Bat Pattern.
If you are adventurous and you are familiar with the USDCAD movement, you can even stretch the final target towards the completion of the Bullish Shark Pattern on the Daily Chart.
Bullish Shark with Many Instances of Bullish Divergence This is a Nice Risk to Reward Trade that i just couldn't ignore if this goes well we should begin to pump to around a dollar in the next few days.
GBPJPY - Bullish SharkBullish Shark Pattern complete at 155.85 for a buying opportunity and base on structure, it is viewed as a trend trading setup.
CD Projekt; Bullish Shark: Many Instances of Bullish DivergenceWe have been at this PCZ for awhile and showing many instances of bullish divergence now we can see that many of the moving averages have converged and it seems that we will be getting a golden cross pretty soon now may be the time for this game dev to rise once more.
