If this Deep Gartley Pattern went valid, that means our previous trade has been stopped out at entry, which is okay. Capturing such a trading setup requires patience, it is no different from baiting!
A Bearish Shark Pattern is completed within the sell zone of the NZDUSD. It is a good trend trading setup that I'm going to jump in. Granted, engaging on a daily timeframe could be intimidating for most traders, but I have an approach to engaging it. The idea is to have lower risk with higher returns on each trade.
Well, this is how 1 of the ways I've engaged the trade with lower risk and higher returns. You have to have a clear understanding of trends, structures and filters before making such a decision. If you have it all wrong, you will be burning money faster than ever.
A potential Bullish Shark Pattern is looking to complete at 1.3039, visually it is close to the Weekly's Chart Key Support Level at 1.3004. The perfect setup would be the candlestick wick touches 1.3000 but close above 1.3039. This would bring 3 groups of traders to engage in the trade. 1. The Harmonic Patterns traders 2. The Structure Traders and 3. The Price...
The Bullish Gartley Pattern completes within the Key Support Level on the daily chart. Although it is unlikely for this setup to retest 142.63, for now, I will not engage with anything lesser than that trading setup.
GBPUSD is approaching the Weekly Chart's Key Resistance Level that completes at 1.1872. What's nice about this setup is that a potential ABCD Pattern completes at that level, and that, gives a combo trading opportunity.
On the higher timeframe analysis, my analysis on the Head and Shoulders trading setup still stands, despite the setup going off a bit. My plan to engage in the trade depends on this Bullish Shark Pattern setup. A candlestick pattern confirmation at 0.6357 is vital for that trading decision.
We have a potential Bearish Shark Pattern that is complete at 0.6466; for all trading patterns, a final chart confirmation is required. What matters more to me in this setup is the 5-0Pattern completion. One of the side reasons is that the completion of the Bullish 5-0 Pattern happens within the Buy Zone.
Finally, patience might just pay off. If the current candle closes as it is, there's a high chance for me to look for a shorting opportunity, once market open. What makes is better is a Bearish Crab Pattern materialised on the 1-hourly chart. Guess we can just wait and see.
This trading setup is what matters. The 5-0Pattern setup that gives traders who are looking for a buying opportunity to engage the trade.
A Bearish Bat Pattern gives the counter-trend traders a shorting opportunity at 0.5860. Not only is this a Bat Pattern, but the completion of the Harmonic Patterns lands within the resistance level on the 1-hourly chart.(you can check the link under "related-ideas" of the trading view)
Well, this Potential Bearish Bat setup is so important that I've my eyes on it.
A structure-based trade could create an opening for Bat Patterns' die-hard fans. I will watch closely on the candlestick pattern formation to engage on this trade. p/s: never follow blindly, always do your own analysis
This was the ABCD pattern I was talking about on the previous analysis, check link at the bottom.
First, before the 5-0Pattern is completed, it has to reverse at 1.7063 to show respect for the Bearish Shark Pattern completion. Would I take the trade? You bet I will! I will observe if the market will respect 1.6993; if it pauses and reverses, I know I have my Bullish 5-0 Pattern. The 5-0 Pattern is vital for my longer-term trading plan.
For those who had missed the Bullish Bat setup on the 4-hourly chart(link under the tradingview post), you can wait for the Bat Pattern setup on the 1hourly chart, which is often referred to as the intra-day chart that completes at 160.77. Students will be able to observe how I manage this trade and how I would make a trading combo out of this 2 chart with...
A Bearish Shark Pattern has been completed and I'm waiting for a check back at 1.2652 for a trading opportunity that could head towards a potential Head and Shoulders setup on the daily chart and a Bullish Gartley pattern on the 1-hourly chart. The order of the move makes a great difference on the profit potentials. The best outcome would be the Gartley Pattern...
my Special indicator: COMBOTRADE was ready and are test was successful.