Get started

Shark

Shark Complete In Nice PRZ 🦈USDCAD - Looking very nice for the short (Even though 20 pips was hit price retraced you can still re-enter), shark pattern complete in strong supply zone, we've had a nice wick up clearning liquidity then multiple LTF breaks to the downside, targets are the B point, 4HL and then the next demand zone! let me know your thoughts! * Disclaimer ** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
Short
by benalistarfx
1
Shark Almost Complete 🦈NAS100 - Nice 4H Shark almost complete, looking for a push up-to the next strong supply zone with a D point completion landing on a very nice imbalance fill/OB, could get a small pullback first but structure overall is bullish, looking very good for buys! Let me know your thoughts! * Disclaimer ** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
ULong
by benalistarfx
MP Materials: Bearish Re-Entry of the 1.13 ExtensionThis first entry got stopped out and now MP Materials is higher, however it is now hitting the 1.13 retrace and may be setting up to come back down within the range if this is a false move like i expect it is. I will officially call the trade off it it trades above the level of $62 and my profit taking targets will be first $30 then $10. I will be trading this in the form of puts around the current price expiring several months out from now.
NYSE:MPShort
by RizeSenpai
Potential Shark Forming 🦈🦈US30 - Looking to complete this shark pattern, we've had a HTF BOS, multiple tests/reject and price is currently breaking the channel, looking very nice for the sell! Let me know your thoughts! * Disclaimer ** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
UShort
by benalistarfx
AUDCAD - Bearish Shark CheckbackIf you had read my previous analysis, this is how Shark Pattern works, when the Shark Pattern hit its stop loss, it may present you another trading opportunity of a further entry price. The problem with most trader is the hesitance to engage the trade, and I can understand that, you just got stop out. You aren't certain if this should be the trade to take. The Shark Pattern could present as much as 3 entry price to engage the same trade. It is common that a trader can feel distraught when they get stop-out 3 times within the same trade. But once you get comfortable with the Shark Pattern, it brings you more profits and losses in the long run. What I love about this Bearish Shark Pattern is that this is the last possibility of the Shark Pattern on this setup. I got stung out on the previous Shark Pattern, but luckily for me the Stop-Loss is only 39pips. Well, that's possible because of my background on structure trading for the past 17years. What about you? Are you comfortable tading the Shark Pattern?
Short
by RaynLim
2
AUDCAD - Bearish Shark checkbackA Bearish Shark retest on the AUDCAD gave me an opportunity to reverse my trade. You see, I was in a Bullish Trade(you can check out the related ideas titled AUDCAD - Bullish Bat at the bottom of the @TradingView post) The market seems not able to close beyond Point D of the Bearish Shark Pattern on the 1hourly- chart for an extended period of time. I've been receiving comments and DMs if AUDCAD appreciates because of Gold and Oil. Well, it is not, the AUDCAD appreciated because I've longed it! ;P Well, jokes aside, over the years, the correlation between the currency pairs has been weakened. If you are still treating AUD like the Gold movement, you are trading like 10years ago. I've learned that during chaotic market conditions, it is best to trade via technical analysis. If I'm wrong about this trade, I get stopped out, and I will wait for the next trading opportunity. It's that simple. Check out the link at the bottom for our upcoming event or invitation to our community.
Short
by RaynLim