Common features of all bullish harmonic patterns.www.tradingview.com
By combing all bullish harmonic patterns together, we can observe the following:
1. The Bat, Cypher , Gartley and Shark pattern point D is (0.786 - 0.886) XA without breaking the low.
2. The Butterfly, Nenstar , Crab and Deep Crab point D is (1.272 - 1.618) XA after breaking the low.
3. Point C band is common for all patterns (0.382 - 0.886) AB
4. Pint B band is common for three patterns ( 0.382 -0.618) : Bat (upto 0.5) , Gartley and Crab, with the Gartley pattern point B fixed at 0.618 XA
5. Patterns breaking out of Point A high have a band ( 1.13 - 1.61 )AB
Shark
GALA Shark patternpossible shark pattern . pratice charting only. Not a financial advise
This is only to monitor progress in my trading journey.
Anyone is free to make comment or suggest for me to improve my trading skills.
EURJPY - Bearish FlagCounter-trend traders can wait for a shorting opportunity at 138.81 to fulfil a potential Bearish Flag Pattern. This could be the most volatile trade compared to the Shark Pattern.
Although the Bearish Shark Pattern is a more conservative setup, that doesn't mean it won't be profitable. Should the candle break and close beyond the first red box, traders can wait for a candlestick confirmation at 141.81 to engage this harmonic patterns.
GBPUSD-Weekly Market Analysis-Jul22,Wk3A bearish shark pattern completing at 1.2097 will allow trend traders to head in for a trend trading setup.
Compared to its siblings, the Shark Pattern is always the most tricky harmonic pattern, and that is because it can have as many as three entry zones, on top of that, there is another Bearish Shark lurking on the daily chart.
MY OWN LONG TERM VIEW FOR THE KING FIRST lets dive to the volume profile analysis
the last bullish wave has strong HVN & poc not tested , NOTE ( it doesn't have to be tested every time )
but the king looks like looking for strong base to taking off again
also i have to mention that price just touch the V A for the bullish wave thats why we expect rejection and bullish wave
but i don't think its will be strong enough
SECOND we have the bearish wave still has bearish momentum i sew the pos fallen step by step
so what we need its consolidation and build the base to move the poc below the price
THIRD we keep in eye the shark pattern on the weekly chart we just need the D confirmation then will got a nice reverser
pattern
NZDJPY - Bullish SharkA Bullish Shark setup on the 1hourly chart coincides with a Type2 Bullish Bat Pattern on the 4-hourly chart. This is the kind of trading setup that I like to engage in or plan to engage in. I'm waiting for a retest to get in the move since I've just benefitted from shorting the same pair on a Bearish Shark setup.
Could you spot the Bearish Shark Pattern hidden within the chart?
Bullish Shark Potentially Targetting 38k-48k on the WeeklyWe may see a spike down during the weekend but despite that we do have an oversold condition while BTC sits at the 1.13/1.618 Pattern Completion Zone of a Bullish Shark Visible on the Weekly and if it plays out we could see it rally up between a 0.382 at the least and a 0.55-0.618 Fibonacci Retracement if the pivot is strong.
If BTC wicks down during the weekend and triggers my stop but comes back up to the original entry zone then i will reenter though preferably BTC will just go up from here without any stop hunting.
NEO/USDT-12H-BINANCE(Bullish Shark)This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
powergrid bullish sharkBullish shark harmonic pattern is active now in powergrid. we can take entry with respective fib level sl and legs tgt.
lupin at supportThere is a shark pattern formation on the weekly chart of LUPIN Ltd.
Chart structure is still weak, though we can see some positive price action at the harmonic pattern support i.e 590 --600
Sustaining the same, we could see some bounce in the stock uptill 700 levels initially.
GBPUSD-Weekly Market Analysis-Jun22,Wk5If you are looking to short GBPUSD as a trend trading trade, well, you are in luck. I'm waiting for a Bearish Shark 🦈 Pattern complete at 1.2426 before engage in the trade.
Possible scalp idea as a bearish shark could be forming in LTF.Keeping a tight Stoploss as it could turn bullish if the 21700 resistance is broken. NFA. DYOR.
flirting at the neckline (bullas tp)lotta bear confluence here...which is my local bias. i do think recent low was a longer-term bottom we will range at for a lil while but nfa...
resistance is 2pi arc of the smaller circle you see (radius = between those two tops)
bearshark zone as well (included some bull harmonic possibilities)
ihs neckline
ihs and hs "fakeouts" are actually just PA following a curved neckline imo (just like irl :-) ) ...trendlines are not straight
NFA...expect the unexpected! a break here would be bullish to mid-twenties imo (w/successful retest)...lots of alts looking juicy if that happens
MyNeighborAlice (ALICE) formed bullish Shark for upto 4575% pumpHi dear friends, hope you are well and welcome to the new trade setup of MyNeighborAlice (ALICE) token.
On a monthly time frame, Alice has formed a bullish Shark pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ARPA/USDT-12H-BINANCE(Bullish Shark)his is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
Shallowest Retracement for BTC to Complete Bullish Shark is $10kDrawing a bullish shark pattern, starting at the Covid crash in 2020, the shallowest retracement to meet the requirement for the pattern is the .886 which lands us at $10,109.08. The deepest retracement (1.13) would land us at $3,143.90. The Shark is the only M-shaped harmonic that I am aware of where the second peak is higher than the first peak. I drew it using the XABCD tool. Not sure if that's weird but I believe I'm still able to draw the shark correctly. Not sure if there is a better tool to use for this?
AUDUSD - Bullish SharkWhile EURJPY has a great setup for the coming week, AUDUSD might give us a surprise too, a Bullish Shark Pattern is looking to complete at 0.6865, which enables counter-trend traders for another great trading opportunity.
But as mentioned, the Shark Pattern can have as many as three entry zones. Traders need to wait for confirmation signal before engaging the trade.
EURJPY - Bearish SharkIt seems like EURJPY is 1 of the pair that has a higher chance of trading opportunity as the market move closer to 144.16 which happens to complete the Bearish Shark Pattern.
While this is an exciting news, the Shark Pattern can has as much as three entry zone, that is why it is extremely important to wait for a candlestick pattern confirmation before engaging the trade.
British pound/ u.s. Dollar Please this is not financial advice
GBPUSD is in a down trend for a while and my first target achieved
Entry : 1.235865
Tp 1 : 1.22042
Tp 2 : 1.20406
TP 3 : 1.1641395
Sl : 1.25131
ARPA/USDT-12H-BINANCE(Bullish Cypher)This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
GAL making bullish shark target $5.09GAL made a bullish shark harmonic. Everything on this trade setup is self-explanatory. We are on weekend so market is pretty much volatile so if you pick this trade then MAKE SURE you use SL and use lower leverage max 10x on this trade or even lower in case you are doing futures instead of spot.
WAX (WAXP) formed bearish Shark for upto 14% dumpHi dear friends, hope you are well and welcome to the new trade setup of WAX (WAXP) coin with BTC pair.
On a 2 hr time frame, WAXP has formed a bearish Shark pattern
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Firo formed bearish Shark for upto 15% moveHi dear friends, hope you are well and welcome to the new update on Firo with Bitcoin pair.
On a 4 hr time frame, FIRO has formed a bearish Shark pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
